Gold & Silver Still Have "Stratospheric Upside" | Andy Schectman live Q&A

Gold is up over $100/oz today, to a new all-time high

Yesterday I did a livestream with precious metals expert Andy Schectman to discuss the tremendous ongoing surge in the price of gold.

While Andy agrees that given how fast & far it has risen, a cooling off period or pull-back in price would not be surprising at all in the near term — he still thinks that gold and *especially* silver, have “stratospheric upside” potential over the coming next few years.

And as if to underscore that sentiment, gold then vaulted higher by over $100/oz today to a new all-time high.

To hear everything Andy and I discussed, click here or on the video below.

FYI: if you’re looking to purchase bullion online, Thoughtful Money recommends Miles Franklin, co-founded, owned and operated by Andy. The firm has been in operation since 1989, and is a full-service precious metals broker with a mission to educate the masses on the benefits & principles of sound money and deliver fair pricing. It has an A+ rating from the Better Business Bureau.

Given the important of the partnership between Thoughtful Money and his firm, Andy himself has offered to give Thoughtful Money followers the “white glove” treatment. So if you’re interested in learning more about their services, email them directly at info@milesfranklin.com and Andy or one of his lieutenants will give you personal attention, answer all your questions and work to get you the products that best meets your needs at the best possible price.

---

GOT GOLD?: Read our free Guide To Buying and Storing Gold & Silver:

---

I’m so grateful to everyone who has kindly supported me by becoming a premium subscriber to this Substack. It’s making an important difference in helping me fund the substantial operating costs of running Thoughtful Money.

Premium supporters receive my “Adam’s Notes” summaries to the interviews I do, the wildly-popular MacroPass™ rotation of reports from esteemed experts, VIP discounts, plus periodic advance-viewing/exclusive content. My Adam’s Notes for this discussion with Andy are available to them below.

If you, too, would like to become a premium subscriber to this Substack (it’s only $0.52/day), then sign up now below:

---

Adam’s Notes: Andy Schectman (recorded 4.15.25)

EXECUTIVE SUMMARY:

• Gold’s Rapid Rise: Gold has surged to a new all-time high above $3,300/oz, surprising Andy Schectman with its speed. He attributes this to central bank buying and reclassification as a tier-one reserve asset since 2017. The momentum reflects global shifts away from U.S. Treasuries, fueling demand.

• Silver’s Potential Catch-Up: Silver lags gold, with the gold-silver ratio above 100, but Andy predicts a sharp catch-up. He estimates silver could reach $45–$77/oz or higher, driven by industrial demand and supply constraints. Its suppressed price creates a coiled spring for explosive gains.

• Central Bank and Eastern Demand: Central banks and Eastern investors, like China and India, are aggressively accumulating gold and silver, draining exchanges like COMEX and LBMA. Western retail investors remain largely