gold news

 If we put gold, most of the analysts out there, what the hell do they know? They keep revising them numbers, but a lot of them are saying $6,000. So by next year, the end of next year. So you take >> 6,000 in gold. >> Yeah. Divide that by 42, which has been the average price range over the last 100 years, you're at 142 bucks. It's coming out of the ground at 7 to1. So you take 6,000 and divide it by 7, you're at 857. In theory, is it possible? Absolutely. You know, look,

the thing is this is that no one knows what it should really be priced at because it's been suppressed for so long. >> Silver's explosive rise this year is exposing a market that's no longer controlled by traditional paper mechanisms. Physical shortages, intense delivery pressure, and growing distrust across financial institutions are laying the groundwork for a structural reset in price discovery. Andy Shechman, a veteran precious metals analyst, explains how the landscape has shifted

dramatically. Short sellers are refusing to take on deeper exposure. Industrial users are stockpiling what's left of available supply, and global shortages are triggering record delivery demands on Western exchanges. Silver is up nearly 96% year-to- date and gold has surged more than 70%. The acceleration phase is becoming impossible to ignore. Major institutions are now recommending that investors allocate 20% to 25% of their portfolios into gold and silver. Meanwhile, ratio-based forecasts tied to

a potential $6,000 gold price suggest that silver could reach anywhere from $140 to as high as $850. This repricing is unfolding alongside severe trust erosion in repo markets, rising systemic fragility, and the increasing likelihood that global price setting will shift toward Asia as Western market structures buckle under repeated shocks. As shortages intensify, the clash between industrial demand and financial demand is becoming the central force, driving precious metals toward levels far beyond previous expectations.

Now, we'll present the clips from Andy Shechman's interview. >> If we put gold, most of the analysts out there, what the hell do they know? They keep revising on the numbers, but a lot of them are saying $6,000. >> So, by next year, the end of next year, so you take >> 6,000 in gold. >> Yeah. Divide that by 42, which has been the average price range over the last 100 years, you're at 142 bucks. It's coming out of the ground at 7 to1. So you take 6,000 and divide it by 7,

you're at 857. In theory, is it possible? Absolutely. >> You know, look, the thing is this is that no one knows what it should really be priced at because it's been suppressed for so long. >> The true value is >> kind of coming out now. It's when when the the gloves are off and now the open market is truly finding its footing as to where silver should be priced. >> Now, I'm going to give you credit. You you said publicly you thought it would be 60 by your end. We may be there by

tomorrow. Who knows? Could go could fall back down, too. I'm not saying that it doesn't go straight up. But, you know, if you told me that by the end of the year silver would be a hundred bucks or 95 to $100, I would believe it. It just [clears throat] seems as though there is a shift in mentality um from not only the way that people and institutions are looking at metals. When you see Michael Hartnet from Bank of America and the chief investment officer Morgan Stanley saying 20 and 25% of your assets should

be in gold and silver that's different when you see Jeffrey Gunlock the bond king saying 25% is not overweight. That's different. When you see the US government called a critical mineral, that's different. When you see billions upon billions upon billions be delivered every month in the comx, that's different. I could keep going on, but it is different. There the whole the whole aura of all of this is different. As is the rhetoric coming out of the highest levels. It's different. So, yeah, I

mean, we're uncharted. Let's talk about the pullback. And the market wants to only take the people who get it along for the ride. Yeah, the pullback that we saw last time. Not only was the market oversold or overbought and had it gone straight up, you know, in a vertical line and needed a bit of a correction, but look at what happened then. How, you know, we were getting how many phone calls like people wanting to slick their wrist. Is it over? I of course I bought it too high. The run is over. It's never

going to get back. And then here we are. >> Andy's a shill. >> Yeah. And and but that what did that do? That was a a big speed bump that threw everyone off. And that's the way markets behave. And if you don't understand that, you're not in the right market. Period. >> Yeah. And by the way, those are the times, and I think we said that on one of the podcasts where we said those are the times that the people that truly know why they're buying it. Forgetting price. Just know why they're buying it.

That's that's the opportunity that that it is. And opportunity doesn't come all that often. I mean, it's great. You buying it up $3 on Friday and today $2. But take advantage of those days that you might have bought some up three, up two, [snorts] but when it's down a dollar or $2, don't think of it as, oh my god, is it over? Think of it as this is an opportunity for me to accumulate more of why you bought it in the first. You >> know, Rick Rule always says to me, he

says, you know, Andy, I never understand it why you go into a store like Nordstrom's and the shirt you want to buy is on sale. Son of a it's on sale, >> right? You don't get angry about it then, right? >> I know that's the point. >> But you do, but they do. But it's an emotional deal. And part of the reason is that >> the suppression that has been endless has has delin rational thinking and logic and intuitive um process. It's delin it from price discovery. But maybe, just maybe,

because of all the things I just said, why it seems different to me. And beware of the guy who says this time it's different. I mean, I get that it just feels different. >> Well, I could tell you no matter what, no matter what ever happens from now going forward, up, down, or indifferent, at mark rank 77 said, "What should the ratio be between gold and silver be today?" >> 16 to1. That's what it's been for 5,000 years. Um, and it was based, I would think, on the

>> double the geologic roughly. >> No, it was 16 to1. That was the geologic. So you could argue 7 to1, but 16 to1 would be in line with, >> you know, the Romans were like 12:1. Uh in in Great Britain it was 15 or 16 to1. Sir Isaac Newton. Um it that's just the that's what it always was. Um so somewhere between 16 to1 and 7:1 Keith Newmire says that is the geological ratio right now. Biblical times it was 1:1. officials like on the Federal Reserve are breaking the law. They're caught and they just get

dismissed, but that's it. Whereas the rest of us would go to jail and you know, no one trusts us anymore. No one trusts the markets. We talked about the repo market problem a couple weeks ago where it's not about liquidity because there's twice the liquidity in the system now than there was in the 2019 repo market crisis, but $125 billion gets injected into the repo market. Uh that's crisis level injection and it's about trust that the banks who trade with each other overnight don't trust

the collateral that is being posted largely um uh mortgage back securities both commercial and residential. >> It's about trust and a system that isn't backed by anything anymore. It's fiat trust is paramount if you lose trust. And so we're beginning to to see the world has has already got this or the central banks have gotten it. But now you're seeing it spill over into our markets. And you know who's sitting waiting in the corner waiting and with a smile is Shanghai. They would love

nothing more than to be the price setting. And this happens uh because look at you know the the oil contract used to be quoted in London until the NYX took it over and now it's rendered obsolete in London. The point is is for us to be as naive and filled with hubris the way we are to think that the comx and the LBMA will be the >> the only ones that can do this job. >> You got the nickel market failure. You got now there's a lack of of trucks and manpower and now you got an air

conditioning. The whole system is screwed up, man. And and when you talk about trust to not take the bigger picture here, forget about what we are led to believe, which we all know is Please subscribe to our channel and activate the bell icon for timely updates.