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This morning precious metals expert Andy Schectman joined me for a livestream to discuss the significance of the ongoing breakout in gold and silver.
What’s been behind it?
Is it played out or is it just getting started?
We addressed those key questions as well as several new developments (e.g., silver recently being declared a “strategic resource” by the USA) that Andy thinks makes the future of precious metals even brighter.
To listen to the replay of the livestream, 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.
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:
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Adam’s Notes: Andy Schectman (recorded 9.16.25)
EXECUTIVE SUMMARY:
Precious Metals Breakout: Gold and silver have surged ~40% in 2025, outperforming the S&P 500 (9%) and Bitcoin, with silver futures at $43/oz and gold hitting record highs daily.
Central Bank & Institutional Buying: Unprecedented U.S. gold imports and central bank accumulation signal a shift, with the U.S. now a net importer, a historic anomaly.
Silver as Strategic Mineral: U.S. government’s designation of silver as a strategic mineral establishes a price floor, driven by industrial and national security needs.
Global Repricing Dynamics: Eastern markets (e.g., Shanghai Metals Exchange) may overtake Western exchanges (LBMA, COMEX) in price setting, potentially leading to
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