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    Andy Schectman: Gold Shoots Thru $2000/oz As Investors Keep Buying Precious Metals



    #AndySchectman: #Gold Shoots Thru $2000/oz As Investors Keep Buying #PreciousMetals

    Amidst concerns of banking issues, and growing fears of recession, investors continue to buy physical gold and silver to protect their money against what they’re seeing in the financial news.

    After flirting with the $2,000 per ounce level several times over the past few weeks, the gold price finally broke through and crossed over the $2,020 level in early Tuesday trading. silver also rallied on Tuesday, crossing over $25 per ounce, representing a new high in 2023.

    As a result, the premiums on gold and silver have been rising, especially on the gold side. The sovereign mints are currently struggling to keep up with demand, and the physical dealers continue to see new and existing cutomers increasing their purchases of both precious metals.

    To find out more, click to watch the video now!

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    #silver
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    And remember to get outside and have some fun every once in a while!:)
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    View 44 Comments

    44 Comments

    4. Graham Hobbs on

      Andy, I'll let you into a secret – very quietly the world has been laughing at the US for a very very long time. But the American ego/dream refuses to even entertain any idea that you were anything other than invincible… well it's Karma time now …

    5. Barry Calvert on

      It's unlike anything I have seen in my 30 year career… if he says that one more time I will not believe him going forward… get a new LINE !

    6. John Wood on

      Andy trump's indictment has been part of the plan, no president has been put through this and whilst the left is euphoric what He has really achieved is the fact that now. Every crooked president will face the same legal entanglements boom 😂

    7. Neil B on

      Chris, I think you need to get braced for 1,000,000 subscribers. It will be well deserved. Silver sentiment is pivoting.

    12. Ms Roper on

      Can someone comment about, and/or clarify, what andy said near the end? He averred that 100g of gold and 100g of silver don't weigh the same??????????

    17. Lobo Plateado Stacker on

      I was on a trip to a german city, and it something had changed since my last visit one year ago: there were many coin shops, jewely shops, and currency exchange shops, all advertising bullion coins and bars on the windows. Even an ad on TV advertising Maple Leaves, Philharmonics and so on. With gold hovering $1970, the monetary circus unhinged, and 5 gram gold bars between up to 20 euros cheaper than my home country (and no shipping), I decided to do some bullion shopping. Budget is tight, but I managed to pick up a Kinebar, and a Valcambi bar, both gold bars of 5 grams, on monday and tuesday, right before the price shot up. Most importantly, I paid in cash with total privacy.
      A lovely sidenote is is lovely to see that each of my silver tubes has gained 75 euros in value in the past 12 months, and each gold ounce coin has gained 250 euros. Magnificent.

    19. Larry Jr on

      Great show, is silver hard to get from the mints because the dollar is worthless and backed by nothing,,would like to know your opinion

    20. ri Lo on

      I keep track of the PM web site dealers and like Andy said, premiums are up and selection is way down. A silver Eagle will run you an extra $15 premuim over spot. My first monstor box i only paid $17 per ounce total. Crazy times. Junk silver is the same thing as far as premiums.

    23. Danny Gonzales on

      HA HA HA HA !!!!! SO WAIT THE BANKERS ROB EVERYONE WITH FAKE FIAT PAPER AND NOW PEOPLE NOW TO BUY GOLD OR SILVER !!! YET NO IS TALKING ABOUT GETTING THE CRIMINAL BANKERS !! REALLY !! ARE PEOPLE GONNA JUST LET THESE CROOKS JUST WALK LIKE NOTHING HAPPEN !! REALLY !!!!!!!! WELL SO MUCH FOR FREEDOM !!!!!!!! BUNCH OF FOOLS !!! LETTING THE RICH WALK RIGHT OVER YOU !!!

    24. H W on

      the wolf is hyperinflation caused by the banksters and all the governments who allowed for massive currency printing. Dear citizens, wake up

    26. Americo Parenti on

      I am still stuck on two things here. 1- saying rumors of five eyes countries going to bricks? You make a statement like that you should probably put up some receipts. Partisan politics about current admin in this piece like there there was avoiding this financial cluster Fark regardless of what political duopoly is in office right now? Its obvious the majority of people do not understand govt or history at all. This seems to just be targeted sales ad for a demographic

    31. Alan Drobnak on

      I'm thinking the Trump hoopla in NYC may have had an effect upon the spot prices. Let's wait and see how the week goes, I'll bet gold gets slapped down again to the 1970's.

    33. Crusty Zimmerman on

      I bet the mint are pisssed?
      Well think about it, they’ve got this gold and their trading it for dollars which are trash, no one wants them, and pretty soon the Fed’s going to be awash with them.
      It’s hard to imagine the Fed has motive to sell…! Lol

    37. sarge27271 on

      The Gold sales increase is simply BIG money moving out of the markets.
      The FED keeps talking about the "Tools" they have…."When the ONLY tool you have is a hammer, EVERY problem has to be a nail!!"
      We're about to get nailed. Watch…..Cheers

    38. Cindie & Ryan on

      I remember y2k. Didnt learn a thing, nation went full force on digital. Yet could you try and access your accounts and it all be down forever? Chance always there.

    39. Your Plumbing Pal on

      Stunning new customer numbers that is crazy. I have never looked at the USA as in anyway ridiculous however I can see what Andy is saying about the perception held by other countries and I am starting to think a lot of us look very ridiculous , our sense of entitlement in the "west" is so crazy when so much of the planet have no access to electricity and burn cow dung to cook on. Might be a bit of leveling up coming and I dont know how the "west" will cope with it. We are so obsessed with everything except food and fuel it is mind numbing. Fantastic interview, Andy's jenga pieces are really starting to head to the ground with the inevitable gravity. Thank you gents.

    40. Mike Lucas on

      Its not Gold going up in value its the Dollar losing its purchasing power. I'm in the UK and Gold is worth less as the pound has appreciated against the dollar by about 15% .

    43. GbX Music Channel on

      When the DXY falls people will feel inflation for real!

      And more buying pressure on physical and boom we got a squeeze because physical is limited. Happy stacking!

    44. Kate Henderson on

      📌 Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest before my retirement now I have made profits over $310k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income , God bless you for giving me the courage.

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