The Global Run On Physical Gold (And Silver) | Andy Schectman

Big players, likely nations, are taking delivery like never before

My monthly livestream with precious metals expert Andy Schectman took place a few hours ago.

Andy continues to see cross-border physical flows of bullion at volumes we’ve not seen before. The same is true for futures contracts where the owner stands for delivery.

He thinks these large players are likely nations, intent on increasing their gold stores.

What’s driving all this?

And what will it likely mean for the future price of gold and silver?

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

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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.

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

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Adam’s Notes: Andy Schectman (recorded 5.21.25)

EXECUTIVE SUMMARY:

• Unprecedented Gold Demand: Andy Schectman highlights a 700% spike in COMEX gold deliveries in May 2025 (16,000 contracts, $5.3 billion), the largest in history, signaling massive physical demand amid a resilient price recovery from $3,500 to $3,300.

• Silver Poised for Breakout: Silver, trading between $32-$35, shows record COMEX deliveries (14,000 contracts), with a bullish cup-and-handle formation, suggesting a potential surge past $35 due to suppressed prices and global hoarding.

• Systemic Distrust Drives Gold: Rising bond yields (4.5-5%) and the recent Moody’s U.S. debt downgrade reflect