Gold news

 there's all these signs of this tightness that really began in early December and so I just yeah maybe tariffs and on a mainstream sense people are like gobling that up and that's caused them to bid gold higher but I think there's something more substantial going on behind the scenes that is leading to this rush to get you're watching silver News Daily subscribe for more silver demand is skyrocketing Supply is Vanishing and financial insiders are quietly preparing for what could be the biggest monetary

shift in modern history Craig Hemy has been sounding the alarm warning that the silver market is reaching a critical Breaking Point the question is will investors realize what's happening before it's too late for years silver has been overshadowed suppressed and treated like just another commodity but now with industrial demand surging and Global stockpiles running dangerously low the market can't ignore the reality any longer the silver deficit has been growing for four consecutive years and

experts warn that the situation is only getting worse meanwhile gold has already shattered records climbing past $3,000 an ounce historically a signal that silver is about to follow with an even more violent move so what does this all mean are we witnessing the beginning of Silver's historic revaluation or is the market in for one final ShakeOut before the true monetary reset takes hold the answers may be unfolding faster than anyone expected don't you know I when we first noticed what appeared to be a

tightness developing was back in December you know about a month after Trump was elected initially gold you know just got shellacked for about 10% down from its highs got pounded backwards a couple of times and it kept recovering uh but then after that December fomc meeting it's moved up almost in kind of a straight line particularly since the first of the Year back in the middle of December was the first time we saw the spreads whing from the spot price to the Futures price which at that point was the February

contract in the March silver and it got to like 30 bucks 35 bucks now there should be some spread but it should compress over time you know for maybe six eight1 down to nothing Well when it was 35 it's like what's going on here and I remember the last time this happened right before covid and uh there was you know talk then about logistics and you know planes weren't flying and all this kind of stuff and and again the point of all this there shouldn't be a that wide of a spread it should be

easily closed by Arbitrage you know you got the spot price here and you got the Futures price here so if you buy the spot and you sell the Futures they they come together well why wasn't that being closed it I mean it did close by the end of December the point is then it widened again happened again in January January and now even here in February it's you know $30 $35 again so why is that persisting why is that not being closed to me it's a lack of confidence because if you're going to execute that trade if

you're going to buy at spot and sell the future well now you're short the future now you could deliver you can get out of that from two ways you can deliver your Bot you know that that you got to take delivery what you bought at spot and then deliver it well huh now all of a sudden there's alleged six to8 week whatever delivery delay maybe you won't get it delivered in time and if you don't now you're just short you know the Futures Contract well that's no good either so it's a lack of

confidence in the system that's being you know the problem is now we we've been told and I was buying this for a while it was all about terorists but I've not seen where Silver's Supply crisis is spiraling out of control for the fifth consecutive year the market is facing a massive deficit with demand far exceeding available Supply and unlike past shortages this one isn't temporary it's structural and it's getting worse mining output has barely increased despite record high demand in fact silver

production has remained stagnant for over a decade struggling to grow Beyond 1 billion ounces annually why because most silver isn't mined directly it's extracted as a byproduct of other metals like like copper lead and zinc that means even if silver prices Skyrocket mining companies can't simply ramp up production overnight above ground silver reserves are also dwindling fast the industry has been relying on recycling to help fill the supply Gap but it's not enough meanwhile major stockpiles at

institutions like the comx and lbma are being drained an alarming rate with more metal being withdrawn than replaced if this continues we could soon reach a moment where there simply isn't enough silver to go around this isn't just a supply crunch it's a full-blown crisis with industrial demand surging and investor interest growing the imbalance is becoming unsustainable and history tells us that when silver Supply tightens this dramatically explosive price moves are never far behind but silver isn't moving

in isolation gold has already shattered records and that may be the clearest warning sign yet that Silver's moment is near you begin the week that matters it's how you end it um because you paint the weekly charts and that kind of keeps the momentum going I in either direction we've had a lot of Mondays lately that have been down so this is different uh that we're going up and we'll see it's going to be um an interesting week uh you know there's that old Humphrey Hawkins act from decades ago that

demands that the chairman of the Federal Reserve come up to Capitol Hill every six months and sit before the Senate finance committee and the house Financial Services committee and kind of give it you know his biannual semiannual I guess uh State of the Union and so we'll see what that's tomorrow that starts tomorrow most of the news is tomorrow because Powell will have his prepared remarks they'll be released either right at 10 o'clock Eastern or shortly before all the alos you know

will skim that for any hints of Mony AR policy changes uh and then you know whatever questions he gets asked will create headlines all through the day so tomorrow's going to be volatile then we get the Consumer Price Index uh that's coming up on Wednesday the producer price index on Thursday so we're off to a great start there are a lot of reasons to suspect that this next extension uh in the gold price will go up above $3,000 um you recall last time we spoke we talked about my macro cast I thought

that was definitely in play here in the first you know three or four months of the year and then we'd see you know where we go from there so it looks like that's where we're headed though I mean again I wouldn't say we're going to be there by next week though we are $100 off the lows of last Sunday the 2nd so it a going to happen gold has broken past $33,000 and history tells us that silver won't be far behind every major gold rally has been followed by an even bigger percentage move in silver and

this time the setup is stronger than ever in 1980 gold surged to record highs but silver outperformed skyrocketing nearly 800% in just months the same pattern repeated in 2011 when silver soared to almost $50 an ounce as gold hit new Milestones today with Gold's latest breakout and silver still trading far below its historic highs the gap between the two medals is glaring the gold to Silver ratio a key metric used to measure silver relative value remains historically High suggesting that silver

is severely undervalued and in past Cycles when this ratio corrects silver doesn't just rise it explodes but this isn't just about historical Trends Gold's rise is a symptom of something much bigger collapsing trust in Fiat currencies central banks aren't buying gold as a speculative asset they're hoarding it as a hedge against the financial system itself and when confidence in paper money ER silver follows Gold's lead the real question is how long before silver catches up the answer May lie in the one

factor that no one is prepared for industrial demand because while gold is a monetary metal Silver is essential for modern technology and its role in global Industries is growing faster than ever before first it's been 10 years I went back and because I remember seeing this back in like late 2013 maybe it was January anuary 2014 there's a guy named Ken Hoffman who is an analyst uh for Bloomberg commodity analyst and he's on Bloomberg television this again this is 11 years ago and they're asked him well

well gold bounced back this year it's kind of that kind of General discussion he goes look I think the bigger story is that the London vaults are empty you used to go in there and you'd walk and there'd be you know these racks of gold you know and you'd move Vault from one side to the other the gold would just kind of go from one side to the other and it was no big deal you walk in there now there's no gold left I mean made a pretty big deal with that at the time that was 11 years ago and

that's mainstream media that's not just some you know tin foil hat you know lunatic blogger talking about that me uh that's Bloomberg and so you think okay well if that was the case then how much have they been able to replenish over the years ahead of then this record Central Bank demand we've seen the last three years now that can the vaults be empty in a literal sense no you know the obma came out just last Friday said oh what's the worry we got 8,500 tons it's a lot right in a literal sense there's

all kinds of gold there but those lbma vaults are the bank of England vaults that hold all of the bank of England's gold which is 4,000 some odd tons they also hold all the uh ETF gold like the GLD and the others that is all custodian in London which which is pretty handy actually but that's like 3,000 tons so the maximum that could conceivably be for I mean I guess you could say the bank of England could sell gold just like they did at Brown's bottom you know in 1999 but you can't I mean it would be pretty

nefarious to be taking the G you know the GLD gold and selling it to Market so what's the actual float I remember Ronan Manley writing about this a couple years ago 7 800 tons well now that's a number that you know kind of hand to mouth just in time delivery number that could be in Peril here and again if there's all this gold why does it take 4 to8 weeks to deliver it they had to Dave whatever the hell Dave's last name is uh Bank of engeland you know assistant Vice Governor whatever his title was Dave

Ramden I think was his name anyway just like the FED has press conferences after their fomc meeting well Andrew Bailey the head of the bank of England now does this as well and they cut rates last week so they're having a press conference about halfway in a young reporter stands up and says hey what's this going on with gold and this ramsden takes the question and just gives this stuttering stammering four-minute rambling remark word salad kind of kamla Harris style that just like took up a bunch of time

he look it's been four minutes like well I guess he said something and what he said was well you know we can only move so much at a time and gold is heavy and all this kind of stuff what I if you had the gold to deliver if somebody was willing to sell it and deliver it or even lease it and deliver it it you wouldn't have to wait in line 48 weeks and again that's not me saying that that was a report in the veritable old financial times two weeks ago so there's definitely something going on

here Elijah and you can see it in the price that has moved up really consistently almost 45° up angle since the first year silver isn't just a monetary metal it's a critical Industrial Resource and demand is accelerating at a pace the market simply can't sustain unlike gold which is primarily hoarded silver is constantly being consumed in industries that can't function without it and right now those Industries are expanding faster than ever the solar industry alone is devouring record amounts of silver in

2024 photovolt PV technology accounted for more than 20% of total silver demand and that number is still climbing governments worldwide are pushing aggressive green energy policies and solar panel production is expected to Skyrocket in the coming years meaning even more silver will be needed then there's the electric vehicle EV Revolution each EV requires significantly more silver than traditional gas powerered cars and as the Global Auto industry shifts toward electrification silver consumption is

surging add in the rise of AI driven Technologies 5G infrastructure and medical applications and it's clear silver isn't just another commodity it's a foundation of the modern world but here's the problem industrial users are competing for the same silver that investors are now waking up to as Supply shrinks and demand Rises a Tipping Point is inevitable manufacturers May soon be forced to bid against financial institutions and Retail buyers just to secure the silver they need and if that

happens silver prices could go vertical in a way the market has never seen before but the real warning sign isn't just demand it's where the silver is coming from because right now the vaults that hold the World's silver reserves are being drained at a shocking rate and when they run out the entire Market could be thrown into chaos gold or silver are even in discussion I me we got alumin and steel you know and stuff in general tariffs that are discussed against EU and Canada Mexico and the like but I'm not saying

anything specific for gold and I started thinking a couple of weeks ago I was in the middle of a podcast I recorded from eyesight with Andrew Maguire I was like Andy I think we're being gasit I think we're being told that it's a tariff as cover and what got me thinking about that is Elijah we just rural gold Council just last week announced another what 1,045 metric tons or something of net Central Bank demand in 2024 third year in a row over a thousand metric NE tons of net demand that's it's like

3,300 metric tons that you know I mean most of that I think is being taken uh and you know move from west to east we know about the silver Supply deficit that's now what 700 million ounces at least over the last couple of years and it just made me wonder you know London operates on a pretty tight float um I wonder if maybe they're just running out of metal and I think that's a possibility then lastly I'll just add one more thing again this all began after trump it really started kicking in

in December after that first pullback maybe and we got some hints of this over the weekend maybe there's some kind of loosely call it monetization of gold that's coming by the Trump Administration whether it's gold back bonds or whatever that is demanding that is you know allow you know forcing US Government fed agents you know bullan Banks which are the primary dealers of the treasury market you know maybe maybe they're bringing they're the one that's why this Metal's

coming back to the US and they're using this tariff story you know as as cover so as not to give the game away or cause a panic again these are all things are on my mind I can't prove any of that stuff but this is all the stuff you got to think about silver vaults are running dry and the implications for the Market are massive the comx and lbma two of the largest silver trading hubs in the world are seeing their inventories vanish at an alarming rate for years these institutions have operated under the

assumption that silver would always be available to meet demand but now that assumption is crumbling comx registered silver stocks have been draining for months with withdrawals far outpacing new deposits meanwhile the lb's silver inventories have fallen to dangerously low levels raising concerns that physical silver may not be available for delivery when contracts come due the industry is facing a harsh reality there is far more paper silver being traded than actual physical silver in these

vaults and that's where the real danger lies the entire silver market has been built on a system of derivatives Futures contracts and paper promises but when physical silver is no longer available to back those contracts the paper Market could collapse triggering a price surge unlike anything we've ever seen the warning signs are everywhere Whispers of delivery delays increasing premiums on physical silver and a growing number of investors demanding real metal instead of paper claims if

confidence in the paper silver market collapses we could see a historic short squeeze forcing prices to rise rapidly as Traders scramble to cover their positions but Silver's Supply crisis isn't n happening in a vacuum there's another Force reshaping Global Finance the dollarization movement as Nations move away from the US dollar and shift their reserves into hard assets Silver's role in the financial system may be about to change forever what kind of impact that would be maybe it's when they talk about

monetization and and the other part of his quote was like the way other countries have done or it's accepted in the Western World Maybe that gets the Judy Shelton thing you know they're going to take some gold and somehow back longer term very long-term Securities some treasury bonds with it at maybe a lower interest rate you know and they can uh cut into the interest cost of the US government you know that kind of maybe that's exactly the direction they're going to go because you know

they talk about do it in a traditional sense either way again you what I was getting at earlier this situation started to R itself back in early December and it went away the end of the year some future selling dropped the price brought dropped that spread there then widen back out got as high as $43 or something a week or two ago and then Dro back down when the February contract went off and then it expanded at I think currently was about 30 bucks again um we've seen the lease rates in London go

surging higher well why is that well if if I'm going to loan you my medal and I'm not sure you're going to give it back to me Elijah I'm not going to give it to you at 1% uh that sort of thing uh we've seen the cost to borrow shares in the GLD Skyrocket well why is that well if the only entities that can take metal out of the GLD are the authorized participants that's what they call them what are the authorized participants the bullion Banks the ones responsible for flowing

metal physical metal at the digital derivative price well if they don't have enough on hand what do they do they're going to borrow some shares C them together into a basket and redeem them for metal well if there's not that many shares out there or if you're going to think about loaning your shares maybe you want a higher interest rate because again you don't you know what how's that going to affect your bottom line so there's all these signs of this tightness that really

began in early December and so I just yeah maybe tariffs and on a mainstream sense people are like gobbling that up and that's cause them to bid gold higher but I think there's more likely we'll be gaslit with that story that there's something more substantial going on behind the scenes that is leading to this rush to get metal back into the US the Global Financial system is Shifting and silver may be on the verge of reclaiming its historic monetary role dollarization is accelerating as

countries like China Russia and even emerging economies move away from the US dollar seeking refuge in hard assets central banks have been aggressively stockpiling gold signaling a loss of confidence in Fiat currencies but here's what most people are missing silver has always followed gold during times of monetary upheaval and history suggests its return to the financial system may be inevitable for decades the US dollar has dominated international trade but that dominance is fading the weaponization of the dollar through

sanctions trade restrictions and monetary manipulation has forced Nations to rethink their Reliance on it as a result central banks are . diversifying into tangible stores of value with gold purchases hitting record highs while silver isn't officially part of Central Bank Reserves its deep monetary history suggests it could soon play a much bigger role look to the East and the signs are everywhere China and India already treat silver as money with massive demand for silver coins bars and jewelry in the west Silver's monetary

role has faded but as confidence in Fiat currencies crumbles that could change rapidly if Nations continue moving toward asset-backed reserves silver could once again be recognized as a key financial instrument and here's where things get interesting some governments are quietly making moves towards silver-backed Financial products Russia has openly discussed expanding its precious metal Holdings to include silver and there are growing Whispers that future monetary policies could incorporate both gold gold and silver as

real stores of value the pieces are falling into place as Fiat money weakens and gold reclaims its position as a global Reserve asset silver is poised to follow but this isn't just speculation history shows that when Financial systems break down silver always finds its way back into the monetary system the question now is Will Silver's return to real money be a slow transition or will a sudden financial crisis Force the world back to Silver overnight the answer could reshape the global economy

forever I back up I want to back up first though to what you said about I mean the silver squeeze and the like that was a similar kind of event okay where everybody was trying to suck up all the available silver remember there was this Panic of alleged truckloads of silver being moved around in London all that kind of there's a similar deal on a smaller scale in a much smaller Market okay so I mean they're they're they're not identical but it you know kind of the same thing we're just now

doing this in the Glo I mean the global gold market you know is the biggest market cap if you will you know in the world and so this is you know an ounce of gold here that you can pick up at $49 over spot because it used to be $100 over spot those are two different things yeah that's all the that's the only point I was trying to make back to the new Secretary of the Treasury who has been rumored or people have seen his writings about you know looking favorably upon gold um I would further point out uh you

might remember in fact I don't know maybe you've even had the pleasure of interviewing you know Judy Shelton was nominated by Trump to be a you know fed Board of Governors back in whatever 18 during his first term and oh she was too extreme she was a diversity hire but no no no no she's too extreme because she's talked about the gold standard before and ways to relink the currency to some sound backing well maybe she's got his ear maybe this Besson guy's got his ear and they're

thinking about where we're going to go from here I I'm not sure when the little Oval Office snippet that a lot of people have seen uh or maybe you can include it somewhere um Chris Marcus had a a thing on Twitter yesterday it was Trump is sitting there signing executive orders and he says hey Scott you know we're talking about you know getting to some of the assets on the balance sheet you know and get them to work for us and and bessin goes on and says well yes we were talking about monetizing some of our

assets you know and things that we can do on the balance sheet to make our fiscal situation look better and everybody go oh wow you know I don't know yeah could he be talking about a new valuation of what's stated to be the US's Holdings of 8133 metric tons you know it's all carried on the books at $42 an ounce well maybe they go and they say well actually no you know I saw this morning it's $2,900 an ounce I don't even know for thousands of years silver was money it wasn't just a commodity it

was the foundation of trade used in everything from Roman coins to the US dollar itself but over time governments abandoned silver-backed currencies in favor of Fiat money paper backed by nothing but trust now as confidence in Fiat crumbles Silver's historic role as real money is being reconsidered we've seen this before when economic systems fail Nations return to hard assets the classical gold and silver standards backed currencies for centuries providing Financial stability in times of Crisis but in

1971 when the US cut ties between the dollar and gold silver lost its official monetary status as well what followed Decades of inflation debt expansion and the gradual erosion of purchasing power today that system is reaching its Breaking Point the signs of Silver's return as money are everywhere Global distrust in Fiat is rising governments are hoarding gold and some like Russia have openly discussed adding silver to their reserves retail demand for silver coins and bars is surging and in some

parts of the world particularly China and India silver is still treated as a store of value even digital currencies are experimenting with silver-backed tokens hinting at a possible Fusion of old and new monetary systems if the global economy faces a true reset silver could once again become an integral part of financial transactions whether Through official backing private markets or Digital Silver linked assets its return as real money is no longer a question of if but when the final question remains will

this transition be a gradual shift or will a sudden economic shock Force the world back to Silver overnight the answer may be coming sooner than we think the financial reset is no longer just a theory it's happening now silver demand is surging Supply is Vanishing and faith in Fiat money is collapsing every signal we've discussed the supply crisis the industrial Boom the depletion of vaults Gold's breakout and Global dollarization is pointing to one thing the world is preparing for a massive

shift in the monetary system and silver it could be at the center of it all the question isn't whether silver will rise it's how fast and how high the cracks in the paper silver market are widening and if physical silver shortages reach a Tipping Point we could see a revaluation unlike anything in modern history but before that happens we may experience one final moment of extreme volatility manipulation sell-offs and desperate attempts to keep silver suppressed before the inevitable breakout this

isn't just another silver rally it's the moment that could redefine the role of silver in global Finance the Fiat system is failing and history has shown that when trust in paper money evaporates real assets take their place Silver's time is coming the only question is will you be ahead of the curve when the reset finally hits if you found this discussion valuable stay informed stay prepared and remember this is not Financial advice do your research understand the risks and recognize the

magnitude of what's unfolding because when the dust settles silver May no longer be just another commodity it could once again be the backbone of global money e