Gold & Silver Exchanges Being 'Bled Dry' and No One is Paying Attention: Andy Schectman

  Рет қаралды 107,848

Commodity Culture

Commodity Culture

Күн бұрын

Andy Schectman explains how the major metals exchanges are being bled dry of both gold and silver, in a significant move towards higher precious metals prices that no one is paying attention to. As the demand for physical gold and silver surges, the integrity of these exchanges is being questioned, raising concerns about the sustainability of the entire precious metals ecosystem. Andy shines a light on the factors contributing to this unprecedented situation and explores its potential ramifications for investors and the broader financial landscape.
Follow Jesse Day on X: / jessebday
Miles Franklin Precious Metals: milesfranklin.com
Email For Price List: info@milesfranklin.com
00:00 Introduction
00:42 Outlook on Gold Price
05:09 BRICS and Dedollarization
11:32 Central Banks Front Running the Market
16:23 Catalysts for Silver
23:37 Is the WEF Agenda Failing?
34:12 Collapse of the Dollar
#gold #silver #preciousmetals

Пікірлер: 571
@clarenceedwards2866
@clarenceedwards2866 2 ай бұрын
Andy Schectman, lots of respect; you are one of the few people that keeps it real.
@davidf3883
@davidf3883 2 ай бұрын
amen!!
@malcolmskinner3117
@malcolmskinner3117 2 ай бұрын
Amen again.
@TheWealthandhealth
@TheWealthandhealth 3 ай бұрын
The best interview with Andy that I ever seen after years seeing his interviews
@CommodityCulture
@CommodityCulture 3 ай бұрын
That is a great compliment, mostly for Andy as I just ask him a few questions and let him speak.
@brexit9279
@brexit9279 3 ай бұрын
Andy sounds worried!
@French_Connection
@French_Connection 2 ай бұрын
@@CommodityCulture He talks nonsense. Lost money on it.
@azwb
@azwb 3 ай бұрын
Thank you for putting the recording date on this
@RealityTrailers
@RealityTrailers 3 ай бұрын
Soooo many KZbin channels either forget or they just totally ignore such simplistic information for their videos.
@TrueSighted
@TrueSighted 2 ай бұрын
Right there with ya Andy Schectman, though I wish none of us had to be dealing with such betrayal by our own (so called) national leadership.
@raybrendaglaze2019
@raybrendaglaze2019 2 ай бұрын
Great interview! Andy does a fantastic job of explaining the COMEX and it’s manipulation in layman’s terms. Great job Jesse. You ask a specific question and then let the speaker completely answer the question without interrupting! One of the best interviews I’ve seen.
@arbiter9180
@arbiter9180 3 ай бұрын
Andy is spitting facts in this. I think he's concerned about the right things.
@user-lv5lm9ru8u
@user-lv5lm9ru8u 3 ай бұрын
Silver is currently undervalued as investor demand has favoured gold as the reserve metal. Silver now has a better 'potential' to make significant future returns. Traditionally silver is slower to respond to price increases than gold during inflation but then tends to catch up and ultimately gain momentum and move faster and higher over a short period of time. Take the current 3 year position in (US $) : Gold is up 12.65% but Silver is down by 17.27%. For silver merely to 'catch up' in relative terms with gold, price movements will require an increase of 29.92% There are additional factors to consider: 1) Silver demand is greater than supply (and has been over the past 4 years). 2) Silver to gold ratio is 89:1 but silver is now only being mined at 8 :1 or less. 3) Silver is a monetary metal but "new" industry demand exists for applications that will not work without silver. These include electronics (from cellphones to military use), and also, the green industry as an oil replacement (in global warming terms) for energy generation and transport, i.e. PV and EV. Silver is also 'needed' for medical (microbial) products and also water purification and hundreds of other industrial uses not foreseen in the past when silver demand was primarily determined as a monetary metal with additional use in jewellery (still in high demand) and flatware etc. Silver is not like a fiat currency. More cannot be printed to increase supply and current silver mining supply offers little scope to increase supply either.
@AlSwearengen4
@AlSwearengen4 3 ай бұрын
Wouldn't that incentivize holding the price down?
@user-lv5lm9ru8u
@user-lv5lm9ru8u 3 ай бұрын
That's the point. Silver prices are being held down in order to profit from shorting but given the fundamentals of supply shortages from 2025 onwards and in particular in the Shanghai silver market. Remember industrial demand for silver MUST be met to continue operations. So shorting is becoming a risky strategy when the owners of 'new' Silver (mostly miners) are holding all the cards and considering this may decide the price they will sell direct. Industry Silver buyers would have to "compete" to deal directly with miners to "secure" their Silver supply and that is the paradigm shift. Where will the likes of COMEX and LME secure their silver? What then for the "price" and the shorting ?
@AlSwearengen4
@AlSwearengen4 2 ай бұрын
@@user-lv5lm9ru8u Thanks! Hadn't considered the other end of that.
@kaznika6584
@kaznika6584 2 ай бұрын
​@user-lv5lm9ru8u Exactly. Price Suppression has the same outcome as Price Controls; shortages. Eventually, the commodity will reach such supply shortages that the price will have to increase dramatically, otherwise silver will not be available at all.
@jeannieotb8491
@jeannieotb8491 2 ай бұрын
Miners should stop selling directly to Financial Institutions if they really want to help
@yetivanmarshall1473
@yetivanmarshall1473 3 ай бұрын
20,000 Chinese immigrants in Dec. They’re sending an army over here.
@robertbernard651
@robertbernard651 2 ай бұрын
The number has risen to 40k
@mike2561
@mike2561 2 ай бұрын
Meet your new overlords….They will be helping to install the Chinese model social credit system which is coming soon.
@julielehman1921
@julielehman1921 2 ай бұрын
Totally agree
@chadlewandowski9930
@chadlewandowski9930 3 ай бұрын
I'm gonna start buying from Andy..... Because he gets it and ain't afraid to say it....
@timkozlow5258
@timkozlow5258 3 ай бұрын
I wanted to but they do not ship to my state? I finally had to ask for a refund after not hearing anything for a week? They did give it to me but I had to go elsewhere. I buy locally now. I don't trust the U.S. mail anymore.
@PaulBeck-ie2um
@PaulBeck-ie2um 3 ай бұрын
You can buy much cheaper at most online dealers.
@mash4fun
@mash4fun 3 ай бұрын
Ive done it multiple times over the last 2 years. IMO reputable
@dustinmiller2775
@dustinmiller2775 3 ай бұрын
They have a large selection also.
@timkozlow5258
@timkozlow5258 3 ай бұрын
I understand but they do not ship to NY@@mash4fun
@raypatterson9671
@raypatterson9671 2 ай бұрын
Andy, your presentation here is stunningly BRILLIANT. You are one of the few out there promoting the REAL truth. The way you encapsulate and articulate all of these moving chess pieces and how you connect the dots is superb my friend. Many thanks, and my best to you and your family. -Ray Patterson
@michaeltillman6604
@michaeltillman6604 2 ай бұрын
Andy you are spot on about everything you have spoke about . Thanks guys.
@losianoloveall
@losianoloveall 3 ай бұрын
Andy is truly great, guy really knows his astuff!
@SamsungSamsung-md9xq
@SamsungSamsung-md9xq 3 ай бұрын
Australian,Andy,I am with you,the Klaus schlobs and his genocidal mob are pushing their bs onto the puppet politicians,enough already!@
@soulinmeditation
@soulinmeditation 3 ай бұрын
I freaking love this guy! Andy you truly are awake! And i appreciate you sticking your neck out on the line and speaking your mind on all of these subjects most people are afraid to touch.
@CommodityCulture
@CommodityCulture 3 ай бұрын
Agreed, always love talking with Andy he's a really good guy and truly believes what he says.
@johanneskepler2497
@johanneskepler2497 2 ай бұрын
Andy is one of the best.
@sharonsmith2591
@sharonsmith2591 2 ай бұрын
I think Andy is amazing. Can't believe people can't see the future after seeing him but I guess the normies dont have a clue or even see these type of videos. My hero, just fantastic. Sincerely from Australia❤
@French_Connection
@French_Connection 2 ай бұрын
@@CommodityCulture Nothing of him comes true.
@harleyturner7449
@harleyturner7449 2 ай бұрын
I so much agree with the things Andy was saying. It saddens me to think our great nation is heading down the hill and I don’t believe hardly any of our representatives have any idea what to do so their just working for their selves.
@rlwright2002
@rlwright2002 2 ай бұрын
I agree friend absolutely that's what they're doing. The big wigs that we have should not be millionaires , but they are.
@coltenkerlek7944
@coltenkerlek7944 2 ай бұрын
This interview was amazing, never heard of this guy before but I am big time impressed.
@lucylovitt9583
@lucylovitt9583 2 ай бұрын
He's a genuinely good guy. I'm in the You Kay but followed Andy on Beyond Mystic channel with Jean-Claude for a long time.
@Bob-kq1hw
@Bob-kq1hw 2 ай бұрын
Seems like a good guy, very smart, but in the end...he is a gold and silver salesman
@erikdexter3100
@erikdexter3100 2 ай бұрын
You must be new …its hard not to see him in the metals community
@coltenkerlek7944
@coltenkerlek7944 2 ай бұрын
@@erikdexter3100 I am! I’ve watch a lot of Peter shiff and wanted to go a little deeper!
@Bob-kq1hw
@Bob-kq1hw 2 ай бұрын
@@erikdexter3100 Truth!!
@PistolPete1984
@PistolPete1984 3 ай бұрын
Great stuff, thanks guys! Andy makes Minnesota look smarter then it really is!
@Barnfind.
@Barnfind. 2 ай бұрын
MINNESOTA DEMOCRAT SHITHOLE
@tesskansas
@tesskansas 2 ай бұрын
I beleive He ran away from Minnesota. Florida favors the Constitution a little better.
@TwitchRadio
@TwitchRadio 3 ай бұрын
Thanks for the video and everyone's time especially.. Keep up the good work guys😎✌️
@CommodityCulture
@CommodityCulture 3 ай бұрын
Thank you for tuning in!
@maureenparran8918
@maureenparran8918 2 ай бұрын
Excellent interview, thank you
@coincollectingfun
@coincollectingfun 2 ай бұрын
Crushed the like button! EXCELLENT video and thank you so much for sharing!
@abeybaby29
@abeybaby29 3 ай бұрын
I read awhile back it was about 480 oz of silver in each Tomahawk cruise missile. and what Andy said confirms it. The military needs it big time not so much gold but silver.
@picklikeapro6952
@picklikeapro6952 2 ай бұрын
Anyone have a location of where we could find the wreckage of these missiles?
@lucylovitt9583
@lucylovitt9583 2 ай бұрын
Another reason that the price has been suppressed - so the military complex can stock up - for WWlll?
@deanguando1335
@deanguando1335 2 ай бұрын
​@@lucylovitt9583- Most likely the main reason.
@ghostmode9824
@ghostmode9824 2 ай бұрын
Its vaporized which is why there is a continuous need for it
@amremarker6097
@amremarker6097 3 ай бұрын
I love, love Andy!!!!
@mr.z.454
@mr.z.454 2 ай бұрын
Great Interview Andy.
@jimscherer8072
@jimscherer8072 2 ай бұрын
I love Andy's numismatics on the wall behind him. It's stands for what he believes Regards
@Dianna369
@Dianna369 3 ай бұрын
Please ask Andy to go more into depth on the Chinese purchase of the LBMA. I have been searching, but I have yet to find anything that backs this statement up. I want to be able to share it, but have to be able to cite something with it. Thanks in advance!
@timiilott8883
@timiilott8883 3 ай бұрын
Chinese bought LME not LBMA
@cdamarshall5127
@cdamarshall5127 2 ай бұрын
Well said Andy and right on the mark!
@gipandhillon3006
@gipandhillon3006 3 ай бұрын
Andy is always the best!
@gregorysgirl3278
@gregorysgirl3278 2 ай бұрын
Love Andy. Thank you both
@denniswilliams2385
@denniswilliams2385 2 ай бұрын
Finally some truthful and logical perspective from a man who clearly sees what is actually happening in America and on the world stage in general. Thank you Andy!
@WebsInYourHead
@WebsInYourHead 2 ай бұрын
You are absolutely right Mister. No need for apologies. It is connected. I have done a lot of searching for info and I am flabergated as to how events, timelines and people are connected for a very very long time. This is not recent. It is just coming to a head in a major way.
@jameschriseades6846
@jameschriseades6846 2 ай бұрын
Andy you are a great dude!!! Man I ❤your message. I watch you all the time and your knowledge on BRICS is so appreciative I don’t want to wake up and be wacked in the side by a locomotive. GOD BLESS YOU AND 🇺🇸 AMERICA
@Dreblueskies
@Dreblueskies 2 ай бұрын
Excellent interview!! Definitely subscribing. 👍
@captbonio1
@captbonio1 2 ай бұрын
Wow... Just watched this. It is so refreshing to hear these views, the same as mine, being shown un censored. Mr Schectman, I feel your anger and incredulity. It is part of anyone who's awake daily life sadly. Thank you for your commentary. Really spot on.
@krisjohns3908
@krisjohns3908 2 ай бұрын
Fantastic interview. Andy, you are right in in all areas in my opinion. Love listening to you and your views!! Thank you!!
@mikefanara8014
@mikefanara8014 3 ай бұрын
Great interview 👍
@CommodityCulture
@CommodityCulture 3 ай бұрын
Thanks for watching!
@justinsward9195
@justinsward9195 2 ай бұрын
Andy is a walking book of knowledge!🤔💡
@jjomalley8986
@jjomalley8986 2 ай бұрын
Words to live by from a man who has great insights. Resets happen more often than we know.
@jeffbryan3224
@jeffbryan3224 3 ай бұрын
Ask this guy about his RECENT transactions. WHO'S selling WHAT and WHO'S buying WHAT last week is always interesting.
@rememberwwg1wga253
@rememberwwg1wga253 3 ай бұрын
my last purchase was junk silver easy to trade with
@user-ow3ni2zd2x
@user-ow3ni2zd2x 2 ай бұрын
Bought some silver today dealer said more people are selling silver than buying ,still going up
@paulkillinger5915
@paulkillinger5915 2 ай бұрын
Sir, The only way I see to possibly "Fix it" is to have the SCOTUS reconsider their 2010 "Citizens United v FEC" (5-4) decision, which permits unlimited contributions to our elected political officials. Moreover, the nature of human "greed" tells us it's only a matter of time before it irreversibly alters the composition of the court itself!
@lanier1000
@lanier1000 2 ай бұрын
Agree with the others....best interview he's ever given. .
@johnniewalker7628
@johnniewalker7628 3 ай бұрын
I want to thank Andy for the silver shortage BS at the end of pandemic. Sold half of my stack at $28 + $2 premium!
@lepton31415
@lepton31415 3 ай бұрын
why would you swap real money for monopoly money? not too bright
@simonrowe3124
@simonrowe3124 3 ай бұрын
@@lepton31415 So when the price dropped he could buy more than he started with, for cheaper! Duh 🙄!
@arlenegarza4353
@arlenegarza4353 3 ай бұрын
Now it's at 20
@rememberwwg1wga253
@rememberwwg1wga253 3 ай бұрын
@@arlenegarza4353 not for long, going to the moon Alice!
@shitzUnotz
@shitzUnotz 2 ай бұрын
If you’re a PM dealer there is always a shortage 😂
@manuelamueller-restlessroots
@manuelamueller-restlessroots 2 ай бұрын
A couple of people have already asked this and I'm curious too, because I couldn't find any confirmation anywhere. So could anyone please tell where to find a confirmation for Andy's statement " I wonder how many people even know the fact that the Shanghai gold excuse me that the the London medals exchange was purchased by the Chinese a few years ago they own it"
@Paul-dorsetuk
@Paul-dorsetuk 2 ай бұрын
Lme is part of the HKEX group, according to their website. So London metals exchange is a subsidiary of Hong Kong Exchange. How much you think that means it is controlled by the Chinese Government is up to you!
@French_Connection
@French_Connection 2 ай бұрын
It is a fantasy. No proof.
@matthewbond8275
@matthewbond8275 2 ай бұрын
Thanks Andy, you're speaking very good sense!
@daniellaney7704
@daniellaney7704 3 ай бұрын
Andy has been on it for years now. Your a true patriot. 👍 👍
@PaulBeck-ie2um
@PaulBeck-ie2um 3 ай бұрын
Your? You're
@PaulBeck-ie2um
@PaulBeck-ie2um 3 ай бұрын
No. He talks his book.
@jeffreybobandjoe7850
@jeffreybobandjoe7850 3 ай бұрын
Nicely done
@plasticdadaii8225
@plasticdadaii8225 2 ай бұрын
Funny how scarcity drive prices down!
@tho464
@tho464 2 ай бұрын
29:58 Where are you seeing that? Can you please share where we can find out more about this?
@dawnlightening
@dawnlightening 2 ай бұрын
Thank you Andy Schectman for opening my eyes re the Chinese ownership of the LBMA and the consequences thereof. It makes excellent sense for the Chinese to warehouse the LBMA stock in Hong Kong, in arms reach of the PBOC with no chance of the UK or US governments intercepting the metal. I really appreciate your obvious honesty and concern for the future. Alistair MacLeod was just as concerned & apprehensive about the future in his interview with Commodity Culture.
@stevekamitsis1327
@stevekamitsis1327 3 ай бұрын
Steve in Florida, I really wonder just how much silver and gold the comex and lbme still have percent wise, do these institutions have 30,20,or 10 percent, like I said I really wonder.
@regena2373
@regena2373 2 ай бұрын
Andy kept apologizing and I felt that to my soul. I am all over the place and angry anytime I talk to people and I have to apologize and say I know that I sound like a C Theorist but you need to hear me and DYOR. Thanks Andy for your passion and incredible insights❤
@martinfromseacity2010
@martinfromseacity2010 2 ай бұрын
Thanks again Andy an commodity culture
@sephjfox
@sephjfox 2 ай бұрын
too many are blinded by social media, its imperative that we maintain reason and stability. i hope for a based future. excellent interview, and so many great points💚
@cl5619
@cl5619 2 ай бұрын
I ve been hearing this story for 20 years… “they don’t have the PM to take delivery on the COMEX” I’m fairly sure it’s true. But does it matter?
@timiilott8883
@timiilott8883 3 ай бұрын
Chinese own LME (london metals exchange ) not LBMA
@joncooke9515
@joncooke9515 Ай бұрын
One of the best interviews I've ever seen.
@CommodityCulture
@CommodityCulture 27 күн бұрын
Thank you, I definitely think Andy delivered on this one.
@edwardtucker8219
@edwardtucker8219 3 ай бұрын
I read the comments first, and the majority of folks liked this one, Jesse. Your question about shorting the market was a good one. Have a great weekend!
@CommodityCulture
@CommodityCulture 3 ай бұрын
Thank you Edward!
@byteme0000
@byteme0000 2 ай бұрын
Spot on. An ounce of silver is worth an ounce of silver, and an ounce of gold is worth an ounce of gold. Don't concern yourself with how much silver or gold is "worth" in fiat currency. If silver or gold go "up," what that really means is that the currency of your country is going down the toilet. That's not really good news....
@Schlatter52
@Schlatter52 2 ай бұрын
I just started buying in the last 5 months...yes i have bought at highs that i shouldnt have but i am not going anywhere. Dont buy if you need your money back immediately. The point of buying metals is not to get rich but to make sure you have actual worth/wealth when the dollar is finally seen as worthless. Why would banks be buying record amounts of metals when prices are at all time highs. They see it on sale based off whats to come.
@Bowenjohn1911
@Bowenjohn1911 3 ай бұрын
The Big Picture . Great show guys. Andy is right on the money.
@arbiter9180
@arbiter9180 3 ай бұрын
I think gold is where it should be in strict accordance with historical inflation rates. As soon as QE starts again it will back to the gains. As to whether it's been suppressed, it's possible and likely. I'm interested to see how it does.
@dessertcruiser
@dessertcruiser 2 ай бұрын
I’m considering whether to retain $3 million in single-family rentals, we have $900,000 left on mortgages. What is the possibility of maintaining $70,000 annual income by selling and investing in stocks and bonds?
@Javier_Rodri
@Javier_Rodri 2 ай бұрын
Real estate, while a solid investment, demands effort and lacks liquidity compared to stocks and bonds. Long-term market trends should guide decisions.
@KyleN.Mattison
@KyleN.Mattison 2 ай бұрын
It is absolutely disgusting that the US Government doesn't do anything to stop attrocity. I am a homeless single mother works but can't afford a place to live.
@benalfredo
@benalfredo 2 ай бұрын
Sell and invest option viable, but crucial to consult a trustworthy financial planner for income projections aligned with your goals. Monica Mary Strigle, a remote wealth advisor, significantly grew my portfolio over 200%, providing focused and clear guidance.
@user-cv2gn2tr1k
@user-cv2gn2tr1k 2 ай бұрын
Real estate isn’t as liquid as cash or cash-equivalents, or even stocks and bonds. I rather the latter. Just as you’re experiencing, real estate can be a lot of work.
@RafetMert-qs3kw
@RafetMert-qs3kw 2 ай бұрын
I employ a wealth coach, you can search the internet for her basic info. She is often consulted via her wbsite online.
@profiler4772
@profiler4772 2 ай бұрын
Andy, I am hearing myself and I am saying this as a European. It is such a relief that I am not alone.
@retrohollywoodmotionpictures
@retrohollywoodmotionpictures 2 ай бұрын
First time I ever heard of Andy and I feel like a fool that it has taken me this long. I guess better late than never. I am so impressed. His understanding of the current situation is in the Jim Willie category. What I like most is he is very clear that the America we know will collapse into a dystopian society if the American people do not WAKE UP! I strongly encourage everyone of the 61,000 people who viewed this video to share this with as many people they know as possible.
@user-nr7jm1so5j
@user-nr7jm1so5j 3 ай бұрын
Lots of sophistries so far. No real change in the street price. This would be the first meaningful alarm bell going off. Not the obvious opaque holdings and PM stock reports.
@eoin7704
@eoin7704 2 ай бұрын
Andy you are bang on target...
@TheJason1957
@TheJason1957 3 ай бұрын
Love the new B.S reason for silver taking off, the old reason wasn't working either.
@PMStacker72
@PMStacker72 2 ай бұрын
Don’t apologize Andy-your spot on, invasion from Panda Express is in full effect 😏 always a great listen guys 💯👍🏼
@mickaelwilliams6129
@mickaelwilliams6129 3 ай бұрын
the point of unobtainium. is getting closer and closer .
@rememberwwg1wga253
@rememberwwg1wga253 3 ай бұрын
YEP
@shitzUnotz
@shitzUnotz 2 ай бұрын
lol. These guys have been saying we are running out of silver for decades yet they always have products to sell you 😅
@djpar3492
@djpar3492 2 ай бұрын
@@shitzUnotz poor guys in the comments won't believe it. These guys are all Full of it, playing on peoples fear.
@graniteguy8410
@graniteguy8410 3 ай бұрын
KZbin. is the best thing that ever happened to Andy.......... hes been talking the same lingo for several years. He got so rich!!! free advertising
@rememberwwg1wga253
@rememberwwg1wga253 3 ай бұрын
He is doing a service & I'm thankful for that, I've purchased many times from him. Just FYI when that nasty paper money goes up in smoke I'll be laughing my ass off
@CommodityCulture
@CommodityCulture 3 ай бұрын
99% of my guests have something to sell, a newsletter, a fund, precious metals because of course they do. They bring me views, which generates me income, and I give them a platform to share their ideas and plug their product or service AT THE VERY END. It's 90% plus conversation and a small spot to market themselves. This whole process is extremely fair and balanced. If you don't agree, please seek out other content to watch.
@choosiewhoo1700
@choosiewhoo1700 2 ай бұрын
Buy some gold and silver NOW before they run dry and become super expensive ? 🙄🙄🙄🙄🙄🙄
@tobybrown1179
@tobybrown1179 2 ай бұрын
Everything in Australia is in decline, but the sharemarket and house prices 👀. Doesn’t make sense
@CaptTony107
@CaptTony107 2 ай бұрын
Next time, tell us what you really think, Andy! LOL. I love Andy's passion and he speaks for the majority of us. Let's hope we can pull together long enough to fix the problems he elaborated on. God Bless, Andy!
@johnshuttle8192
@johnshuttle8192 2 ай бұрын
Great interview! Which Alistair does he mean on 30:30 ? Thanks! EDIT: Done some googling.. I guess it is Alasdair Macleod?
@aridout
@aridout 2 ай бұрын
Alistair McLeod
@johndover3626
@johndover3626 2 ай бұрын
"A horse-crap job!" That sums up the Biden administration perfectly.
@thomasm155
@thomasm155 2 ай бұрын
Keep speaking to the truth, Andy!!
@WhySilverWhyNow
@WhySilverWhyNow 2 ай бұрын
Considering silver is apparently a critical industrial component of military arsenal that’s all the more reason to manipulate it down for longer.
@user-jy2qv7sl2r
@user-jy2qv7sl2r 2 ай бұрын
This guy is speaking facts and you can hear true concerns. Great interview
@rockyrandall332
@rockyrandall332 3 ай бұрын
Gold and silver Minning stocks certinly arent reflecting the gold and silver prices .😊
@bjd15664
@bjd15664 3 ай бұрын
Is it not true that a cadre of countries have increased their gold hordes, but overall the increase has been almost flat? 3%?
@gerhardroth3413
@gerhardroth3413 2 ай бұрын
I've been buying silver for the last 50 years and it goes nowhere
@scottthomas7147
@scottthomas7147 3 ай бұрын
I'm not quite sure about this "bled dry" stuff. I just went on SD Bullion and ordered 1000 ASE, no problem. So, where's the shortage????
@glowwurm9365
@glowwurm9365 3 ай бұрын
Shortage is in the price you paid…
@soundmind192
@soundmind192 2 ай бұрын
If the purchasing numbers are real, then above ground silver is certainly abundant. But ultimately the comex will be depleted since demand will outstrip supply. Outside of comex there's still huge inventories apparently. Time will tell soon of silver continues to be hoarded and held.
@greyowl6387
@greyowl6387 3 ай бұрын
I've been patient for 18 years, but I still won't sell my silver and gold.
@SilverSunPublishing
@SilverSunPublishing 3 ай бұрын
Shortly after President Trump returns to Office, all the price manipulations for G/S will end. Then the true value will become obvious.
@seth101-hv4st
@seth101-hv4st 2 ай бұрын
I’ve been patient for about that time also. But I keep thinking that I would have been a lot richer if I would’ve just put my money into a low cost S&P fund.
@thomaswezwick5470
@thomaswezwick5470 2 ай бұрын
Andy is 1000% Correct......A very wise man!
@thedynamicsolo4232
@thedynamicsolo4232 3 ай бұрын
What stinks is this, when gold and silver do hit their REAL price, what are we going to transition into? Fiat? No. We won't be able to pay off houses, buy houses or even buy food with silver dimes. It would have to be a barter/silver/gold hybrid system. The only other scenario that would work is having gold and silver and other metals tokenized and put into the crypto system. How is that going to work? You will need a digital ID, your own wallet, I love commodity money, but unless there is a national, uniform system, in a currency crash, its going to be the barter/gold/silver system.
@simonrowe3124
@simonrowe3124 3 ай бұрын
If one is not covering all bases, the point is being missed. Holding all asset classes to cover all potential outcomes, precious metals, cash, property, stocks, crypto, food, water, fuel and ammo etc etc. The Chinese and BRICS nations will happily buy your gold and silver, in exchange for digital currency.
@CommodityCulture
@CommodityCulture 3 ай бұрын
These are very interesting questions to ponder.
@thedynamicsolo4232
@thedynamicsolo4232 3 ай бұрын
Hi, I get it. There are many more points to consider. What is sad is that 200 million Americans could get on the phone for two weeks straight DEMANDING commodity based money and the servants of this country would have to concede, it would wipe out the national debt and we ALL could build wealth again. @@simonrowe3124
@yoxat1
@yoxat1 2 ай бұрын
Oh no! We may have to go back to the US CONSTITUTION!
@mookey2353
@mookey2353 2 ай бұрын
Fantastic interview, I couldn’t wait to forward this to someone but unfortunately I don’t know a single person that would 1. Understand what Andy is saying 2. Would pull themselves away from their TVs phones computers long enough to pay attention There is absolutely no positive outcome to Americas problems ! Only to return to God!
@michaeljames8408
@michaeljames8408 2 ай бұрын
The industry withdrew 132t of gold from the Shanghai Gold Exchange (SGE) during November, an uptick of 11t m/m and a 16t rise y/y
@Cybercar07
@Cybercar07 3 ай бұрын
Wow, someone sees the same thing..I feel much better now. 🎉😢
@andrewquinn6634
@andrewquinn6634 2 ай бұрын
What's the connection of silver coinage to the silver used for military? Will coinage increase due to that?
@skydiver711
@skydiver711 2 ай бұрын
Dealers are up to their ears in silver and huge selection of gold as well. Only months ago pumpers like Andy were claiming massive shortage of silver was at hand only to find be exact opposite to be the truth.
@jenniferjohnson961
@jenniferjohnson961 2 ай бұрын
Great interview Andy. You are spot on! How are they getting here?? Someone is paying for it. It's planned!
@JM-gu3tx
@JM-gu3tx 2 ай бұрын
""The fact that there are so many meetings going on..."< Wrong. Correct> "The fact that there are so many meetings going on.." Subject-verb agreement is important.
@KeysRevealed
@KeysRevealed 2 ай бұрын
💫right on💫
@INTERNETVID
@INTERNETVID 3 ай бұрын
I like Andy but silver being both a monetary asset and industrial metal can be a two-edged sword. Meaning if silver breaks out like many people believe it should and gets to say $200/oz. then either silver miners will have to ramp up production 500 fold, or the solar panel replacement for your house will cost $125K instead of $25K, right?
@CommodityCulture
@CommodityCulture 3 ай бұрын
I don't know if it's as straight-forward as you've laid out, a lot of factors that go into the economic implications of a rising silver price.
@INTERNETVID
@INTERNETVID 3 ай бұрын
@@CommodityCulture I beg your pardon? I never said it was straight-forward per se. I only conveyed one of the factors involving the silver price and did so using a simplified yet realistic hypothetical. I'm a silver devotee but the industrial use paradox is seldom if ever mentioned by promoters of same.
@DaveEPie
@DaveEPie 2 ай бұрын
And people thought 2k gold was too high- Haha Just watch the rest of the year play out
@circuscats67
@circuscats67 2 ай бұрын
Please bring to your channel Lynn Zang ! She will be providing a LOT more information about debt information and about derivatives that are going to be due this year. It’s scary what is about to entangled! I just found your channel. Very good interview.
@waynehendrix4806
@waynehendrix4806 2 ай бұрын
Andy is right. At one point you have to say NO.
@johnvanblaricome2452
@johnvanblaricome2452 2 ай бұрын
I have screaming this for months Andy. Yes the Cruise missiles use 500 OZ. for the battery. Think how much power would be needed for powering a Drone Torpedo. Any munition that is guided uses Silver Oxide Batteries and when the thing explodes that Silver will be gone forever. The only thing they can't melt down is Constitutional money. If you people were not seeing this thing coming, I will make my own financial decisions.
@darylroughley2807
@darylroughley2807 2 ай бұрын
I suspect you’re right, 🇨🇳 is taking full advantage of cheap gold, they even offer higher rtn in their own country, that is a huge red flag.
@russelljt3525
@russelljt3525 2 ай бұрын
Good interview but he seems to be confused between the LBMA and the LME. The LME is the base metals futures exchange that was acquired by HKEx in 2011, trading Copper, Aluminium, etc. They recently announced an intention to allow warehouses in Hong Kong into their warehouse network. The LBMA is the trade association for precious metals based in London which is an OTC market rather than an exchange.
@bah667
@bah667 2 ай бұрын
Huge Respect Andy
Stupid man 👨😂
00:20
Nadir Show
Рет қаралды 30 МЛН
SHE WANTED CHIPS, BUT SHE GOT CARROTS 🤣🥕
00:19
OKUNJATA
Рет қаралды 12 МЛН
They Need a War to Reset Banking System and Issue CBDC: Tom Luongo
47:18
Commodity Culture
Рет қаралды 18 М.
THE GHOST IN THE MACHINE
3:36:55
Machine Learning Street Talk
Рет қаралды 807 М.
Why Gold Prices Continue to Break Records
4:07
Bloomberg Television
Рет қаралды 14 М.
$20,000 Gold, $500 Silver in Coming Commodities Supercycle: David Hunter
41:42
You CAN Time the Market if You Understand Cycles: Charles Nenner
30:22
Commodity Culture
Рет қаралды 5 М.
Stupid man 👨😂
00:20
Nadir Show
Рет қаралды 30 МЛН