Thoughtful Money with Adam Taggart There's A Global Run On Physical Gold (And Silver) Starting Right Now | Andy Schectman
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May 21, 2025 Joining the discussion is Andy Schectman, a precious metals expert from Miles Franklin. He provides a deep dive into the current dynamics of the gold and silver markets, highlighting a surge in physical demand and record delivery levels. Andy explores the impact of rising global debt and the shifting role of BRICS nations, suggesting a possible move away from dollar dominance. He also examines the influence of central banks on gold investments and the interplay between Bitcoin and gold, all while urging caution for investors navigating these volatile markets.
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Historic Gold Delivery Spike
- The gold market shows unprecedented physical demand that overwhelms paper price suppression.
- Institutions, possibly including the U.S. government treasury, are standing for historic delivery volumes on COMEX.
Fed's Stealth Bond Buying
- The Federal Reserve is covertly buying bonds despite official quantitative tightening.
- This stealth QE suggests dwindling demand for long-dated bonds and trust issues in the Treasury market.
Debt Crisis Undermines U.S. Bonds
- U.S. debt concerns, including Moody's downgrade, raise questions about who will hold American bonds.
- The massive debt and unfunded liabilities pose risks of inflation or default, shaking global trust.