Gold & Silver's Tipping Point: The Road to True Price Discovery
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- čas přidán 29. 06. 2024
- Andy Schectman and Craig Hemke see growing signs that the dollar dominant system is loosing its grip on the geopolitical stage and gold and silver are going to rise up to fill the void. The duo argue that precious metals are at a tipping point and they outline the reasons why true price discovery may be closer than most people think.
For more content from VRIC host Jay Martin, please visit Jay Martin University at jaymartinuniversity.com/
Sign up for Jay’s newsletter at jaymartin.substack.com/subscribe
TF Metals Report: www.tfmetalsreport.com
Miles Franklin Precious Metals: milesfranklin.com
info@milesfranklin.com
00:00 Introduction
00:37 Dedollarization and BRICS
07:02 U.S. Debt Exceeds $34.5 Trillion
24:42 What's the Right Gold and Silver Allocation?
35:39 Silver's True Value
#gold #silver #preciousmetals
The economic crisis is really worrying, especially with everything going on in the global economy.
the current economic instability is causing a lot of concern. With factors like trade tensions and fluctuating markets, it's hard to predict what's coming next.
And the pandemic has only exacerbated things. It's led to disruptions in supply chains and forced many businesses to shut down temporarily or even permanently.
That's true. And the ripple effects of these disruptions are felt worldwide. It's not just one country's problem; it affects everyone.
The massive government stimulus packages implemented to combat the pandemic's economic impact could have long-term consequences, like inflation.
Most times it comes down to proper financial planning cause most people don’t realize how important financial planners are until they messed up. Staying productive with the latest strategies and analysis really pays off. With professional help I turned $220k into $880k despite the market ups and downs.
Investing in gold and silver seems like a good move, especially with the current market uncertainty.
Absolutely, gold has always been a safe haven asset in times of economic turbulence.
But is gold from of investment ? I've heard stories of people wasting money because they didn't understand the market.
That's true. Without proper guidance, it's easy to make costly mistakes.
DESIREE RUTH HOFFMAN is the guide you're looking for. Her expertise in financial planning can help navigate through the complexities.
I've heard of Desiree Ruth Hoffman. Isn't she known for her comprehensive approach to financial planning?
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio advisor.
I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
Please can you leave the info of your investment advisor here?
Carol Vivian Constable is the licensed advisOr I use. Just research the name. You’d find necessary details to work with to set up an appointment
These are the times where if you don't hold it, you don't own it.
My outlook on money changed when I realized someone making $200K can retire broke & someone making $80K can retire a millionaire. With the current market movement, you have $100K to invest. Where are you investing it?
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment .
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Stacey Macken, has been an amazing experience.
Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well.
You trade with Stacey Macken too? Wow that woman has been a blessing to me and my family.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
In times like these, every family needs the shield of precious metals to protect them from the…
failures of the government,
Inflation of greed, and the
collapse of the dollar.
Ive been listening to Andy for years now and he is RIGHT on every topic that he talks about. It breaks my heart too. I dont recognize this country anymore
Yeah. People who aren't white are doin' stuff. This has to stop.
Sad thing about you tube us anyone can spew any trash they feel to spew
I listen to almost everybody regarding silver and gold. Andy is the best speaker!! He articulates so well, he has a gift.
100% it is too stupid to be stupid. There is no way that these actions can't have the obvious intentional results.
You know when someone is a genius in there field and captures you attention with there belief in what there talking about Andy has that buzz about him. He comes across as a really trustworthy guy. I Tip my hat
He's a sales man do you tip your hat to a used car guy?
@@jameskelly9243 Well... He knows his product! ;-)
Craig and Andy two of my favorite speakers. Ty
You should broaden your views. These guys just want your money
The G 7 is going to be the next Zimbabwe pms for the win
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like gold, silver, digital currencies such as Bitcoin, Ethereum, and XRP, thanks to Flora Legziel for her guidance in these fields her proficiency is outstanding
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It is really refreshing to see a comment about Flora. I have worked with her also for months now, reached out after reading more about her on the internet. she simplifies matters, whether it's a market surge or drop; her approach consistently keeps you ahead of the trend, She's a guru i'll say
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary
Nice to see this here, Flora Legziel's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
Two of my personal favorites for sure.
Andy Schectman is on fire!
WOW what an eye opener. I wish everyone could hear this interview. I wish everyone HAD to listen to this. Thank you gentleman!!!!
40 trillion in assets, or "liabilities"...?!
Glad Andy's been telling what's really happening. People in the US are so clueless. So sad.
You've got my vote! Thank you guys on your excellent work.
Andy, thank you so much for the great information about gold and silver.
I thought the paper to silver of 400 on the debt clock, meant that the same oz of silver was sold 400 times.
Wake Up People!!!
You can't Right a Ship ⛴️ that is already 100 feet under the water
True however that underwater bulk is the iceberg ready to sink any would be titanic. I say to You ' Steady as She goes Captain. I counted the life-raft and thinking We should turn back and re-equip!' 🦘☮️
So much information here I'll have to watch it again. Thanks.
I love listening to Andy. He is right on most stuff. Not everything though.
When you realize that the current monetary / international trade system was designed with a given 50+ year shelf-life, it becomes clear that everything that is happening today is by design with cooperation and coordination. Even the wars serve a purpose if nothing else to at some point soon serve as the impetus for the adoptions of a new monetary system again with a similar shelf-life. Wash rinse repeat with only those who understand the cycle … retaining wealth.
It is one long cycle analogous to farming: there is a time for preparing the ground, there is a time for seeding it, there is the time that you need to be fastidious in protecting it while it grows, and then there is the reaping. The harvest being the aggregate, blood, sweat and value created by those who go through life, not understanding that they live on a big farm.
Love you guys! and I would like to submit the suggestion that we change the spelling of nuclear to nucular as so many people seem to favor 😂
Did I see Craig checking his watch? ;-) Love Andy, unstoppable! ;-)
awesome interview
Just wanted to say that I'm REALLY enjoying all of these videos, so thanks! :D
Just an idea, could Palisades Gold and Commodity Culture do a little marketing blitz for maybe a week telling folks about this channel? If it wasn't for the CZcams algorithm and some poking around on my part, I wouldn't have found it. Mayne there are papers put there too who would love to see this and just don't know about it yet! :)
Just an idea.
Andy speaks truth
Yes. It is happening now. Canada and Ecuador will bring lots of new Gold and Copper to the world. The choice of regions to invest in are crucial for success. I am invested in Aurania Resources and Maple Gold Mines. Which more junior miners are there that potentially can bring a 100x to shareholders? Share some ideas 🇨🇦🇪🇨 Thank You.
What is your time horizon? Ty
When do Fund Managers rebalance their portfolios will it be pre or post summer and follow Sam Duncan Miller pivot from Tech into Newmont ?
Fantastic!!
Great forum here.
The artist Banksy made the perfect picture of the sentence that Craig mentioned: 'we are all in the same boot' maybe specific for the silver market?
Jesse Thanks for a terrific interview. When the normies start investing in miners you will have 100,000 hits on a podcast like this
Hey mate love the commodity culture podcast I listen to. Is there a way to listen to vric stuff in a podcast? Could you add it to the commodity culture podcast?
Thks lots for all the energy you put in producing the interesting content
Guilhem
It’s not a conspiracy theory, it’s just simple bureaucracy. The United States government does not allow the publication of any resources for military purposes for national security reasons. That’s it. Whether or not it actually is a “national security“ risk is not what I’m arguing, But when you’ve held clearance you often times realize some things get classified secret or above that have no business being classified as such
Gold + silver going skyrocket 🚀🚀 now 2024 - 2025 🙌🙌👍
Maybe...but exactly the same was predicted 23 years ago
Perfect description of the a economy going down the toilet, just waiting for someone to push the button
You tell'em ANDY.
Math = America's 1% has $60 Trillion in wealth. Can pay off the entire national debt and still be insanely rich. Math. No one ever seems to mention the obvious solution to our country's problem.
They would have to sell all their shares which would drive values down a lot though
Whoa. Slow down. Capitalism is what created the op for those to become that rich. They worked hard for that wealth. Giving it away to lying policy makers would not do anything for the debt. They would run it up again asap
I think you better get a new pencil, 1 trillion = 1000 billion. The top 1% cannot pay off the US debt. Not even close.
So your solution is to confiscate funds from rich people?
How do you think they got rich in the first place? Off of us 😂
Excellent
Andy is spot on
I'm confused. Aren't the BIS and FED tentacles of the same monster? Why are they working at cross purposes regarding gold?
I'm voting with my wallet. I'm buying sil er, gold, and Goldbacks. I live dollar short by keeping my money in PMs commected to a debit card. I hold as little cash as possible.
What debit card do you have that you can connect to gold?
Two companies I know provide that service. Kinesis is one of them. Forgot the name of the other!
@@SalehHome many thanks - I'll look into it!
@@lizhutson1 as far as I understand the Kinesis card isn't active in the US yet but worth looking to it.
Mine is with the UPMA, United precision metals association. You can deposit either silver, gold or Goldbacks and load what is card a truelink visa debit card. Also check with other metals depositories, there may be others. Cheers
That guy is correct in my opinion and I've always said the same thing. I think silver could be a couple thousand and gold 10 or 12 thousand.
Liberty. Would love a debate between Brent Johnson dollar milkshake theory bs. Andy’s position
India Central Bank made a huge silver purchase.
Where does the New York Fed get the gold to repatriate? Please explain.
Fuck that,
Andy head of the COMEX
Greg head of the CFTC
That's what i want to see under 45 - 47's administration
Rick Rule as the Fed Head
Who would you pick for Secretary Treasurer ❓
Bix Weir says that only silver investors want the price of silver to go up, which is less than 1 percent of the population. Nobody wants to pay $1,000 for a flat screen TV. Silver is used in every electronic device.
And the newer solar panels use much more. So, supply and demand is on hold for silver...for now.😊
Love both these guys. Hope Andy let's Craig have a fair share of the time...... he has great info but runs on and on....
This sounds a lot like what happened in the 16th and 17th century in Spain when the 93% silver Reale was the "global currency" and how it's over abundance of minting led to Spain's economic collapse.......
Printing or minting too much money leads to trade inbalances and it's overall loss of value......even if it was made of a precious metal.
If the banks were not in the commodities exchanges then silver would find its true value’
Follow all 3, Wow Andy just let himself go.
Just after July 4th.. boom.. 💥... I'm ready.. 😄
They should be shitten their shorts over short supplys of silver!
"All at once" will take while, Venezuela has a dept to gdp of 148% and Greece 162%. US 122%, they have much better possibility to handle this...
Trumps not trying to defend the dollar ... he likes hard assets like metals and crypto. 💡 That's your X factor..
If silver is not a monetary item then why is a $1 silver coin what's 25 - 35.00
People don't eat silver and gold?
Andy talk about gold having no counter party risk. Go to Argentina try to sell yoir gold and bit corn,poor people are the counter party risk
USD is toast. The two top tier monetary assets in the world are gold and usd. The US is trying to suppress the gold price to make the dollar not look weak. At the same time they are putting it on sale for the world to buy. In a true conundrum
Gold yes, 🤑 no
The problem with Hemke is that he thinks like a traitor while silver stackers are investors and not traitors
"What has happened to this once great county?" We all know, the men who wear small hats.
I agree with Andy. Craig works for Sprott therefore has to shy away from areas that might hurt the bottom line.
I don't work for Sprott. I own and publish TF Metals Report and have for 14 years. Eric asked me to do some audio work for Sprott Money back in 2017 and I've kept doing it out of a favor to him and his daughter, Larisa.
@@TFMetalsReportkeep up the work Craig!!! I watch everything you do youtube, one of my favorites
Most people don't understand Keynesian economics especially those who advocate for it.
You always hear about the printing of money to stimulate the economy. Bad idea right? Not necessarily.
Under this system this is only supposed to be done when times are extremely bad. Interest rates are supposed to be raised when times are good to counteract this. The theory behind this is sound, keep the economy from running too hot or too cold and keep the power band steady so the economy is less... Dramatic.
There are two problems. No one wants to be the bad guy and hike rates when the economy is booming and cool things off. Also once the markets got a taste of that easy money, they have a fit when they're cut off from it. It was not a bad idea in theory, but in practice it has caused us irreparable harm.
I'll be buying silver from Andy @ MilesFranklin.
THEY wi cast GOLD AND SILVER in the SEREETS
OH GOODIE THE CHINESE CHEERLEADER SCHMUCKMAN
Diversification is for those who don`t know what they are doing
If you are thinking buying into miners, I would pickup $500 bucks worth of crypto XRP and a bag if silver bars. The way I made a million in 09 crash wash converted my stocks into cash and found a company thats stock price crashed due to the market not from its business model. That was Las Vegas Sands. It was $135 before the crash and it went to $1.38 and went all in on it waiting for the crash to finish. Whedn people cry, I buy. 18 months later in 2011, I cashed out at $38.50. Have cash and find a good company with the largest price drop just due to the market, not the company having issues. It will recover. If the market crashes 50%, it will be easy to find a great deal like I did. Good chance we will have another 08/09 crash before election time. We'll see.
The question why are they doing What is their plan If it walks like a Duck What is the duck?
Thank you Andy & Craig & Jesse. It will get funny by little by little by little til the wbankers at comeggs have to go long to the upside. stupidity has it's price. Looking forward how BRICS brics brics in the wall 😂❤ yeah!
You got too childish for me....I just like Andy
The outfit that holds the funds of crypto currency stable coin Tether, has it all in like 26 billion dollars worth of US Bonds. If bonds collapse, so does Tether which happens to keep Bitcoin afloat. Bitcoin crashes too.
1 trilion more debt in 100 days
Debt go faster and faster
Collapse coming closer
There is only 1 TER 1
Enything els is a liability(Alan Greenspan)
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through.
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
@@LucasBenjamin-hv7sk Could you kindly elaborate on the advisor's background and qualifications?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Why all your videos have the same pattern of fear mongering around petro dollar, then suggesting we should buy gold and then sharing the link of gold that you are selling!
You would be working against history to expect things to be happening differently than tĥey are with monetary policy & politìçaĺ reality the way it is now.😅😢
not her for the dire political rant...
Nothing happens gradually. $$$ is dead man walking.if you are buying $$$ today , you will be losing 10% on higher prices of Gold...25% of lost on gold price in 6 months is NOT gradually
There is lawlessness on the Supreme Court too.
Name one
@@jameskelly9243 Clarence Thomas. $4 million in gifts / bribes. Mostly unreported. Criminal quid pro quo.
The things Andy says are wrong now is laughable. Its always been a such a 2 tier system only now its hurting the white collar class and the chickens dont want their heads cut off.
Its ok Andy, I'm pissed too about the US but fortunately we have Trump and some very wealthy whitehats going to help us. Just vote and it will be biblical in a great way next year my brother. I do deep dives into the situation and it looks good in 5 months.
It’s time for all Americans to start praying for our nation. We need a drastic change in leadership. Trump 2024
always remember Andy will always be chicken little..He is a gold salesman first and last. Your fear he creates and adds PROFITS in his pocket...
Craig talking nonsense without much substance
so im the silver coin
u should give me a job x
Trump righting any ship? Just blew coffee out of my nose.
Now that bitcoin etf is approved, What is the best strategy to enter crypto trading for someone with more or less than $5,000 to invest?
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided
by a widely known crypto consultant
Mary Gail Benner
This is correct, Mary’s strategy has normalized winning trades for me also, and it's a huge milestone for me looking back to how it all started..
Please educate me. I've come across this name before. Now I am interested. How can I reach her?
Yes, I agree with you. Her platform is wonderful, and her strategies are exceptional
Tax the rich for once. Balance the budget.
Less taxes= less government = less spending = higher chance of lower debt and balanced budget
@@jimdaultrey8672 It's not what you pay in taxes as much as what you get for the money. High taxes are ok with free good healthcare and education. Opportunity and law and order instead of a lootocracy we have now.
$50 silver by sometime this September is a gimme.
How Hemke still gets away with it amazes me.
Both him and Schectman trot out the same explanations they've peddled for years.
Always wrong.
Sounds right to me…
Gold at all-time highs...even with the fractional reserve pricing scheme...and somehow Andy and I are "always wrong". As an obvious troll, why do you even bother with PM-related podcasts?
Justpassingthrough … sounds about right… bye!
Thank you for this podcast. What you guys say is truth. If some people “⬆️” don’t get what’s going on by now? They won’t. They’ll be the ones without.
@TFMetalsReport I'm not a troll, I've held gold and silver for over 15yrs.
Gold is not at an all-time high adjusted for the currency printed.
Silver is the same.
Both are a poor substitutes for bitcoin.
An honest broker would tell the full story.
I do admire your stamina though.
To the unfamiliar, you sound very earnest.
My Dream Team.
Pink shirt boy smacked down by Andy!!!
THANK YOU!!!!!!!!!!!! THIS IS ALL "SOLID, COMMON SENSE!!!!!!!!!"