Latest / The Paul Barron Crypto Show / Ethereum Igniting 45-Year BREAKOUT on Silver!!!🚨Andy Schectman INTERVIEW

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Ethereum Igniting 45-Year BREAKOUT on Silver!!!🚨Andy Schectman INTERVIEW · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Let's dive into some topics today that I think you
• 0:02
  Speaker 1: guys do not want to miss. It's going to be
• 0:04
  Speaker 1: hot and it's all talking about silver. My name is
• 0:06
  Speaker 1: spaw Baron, Welcome back into the show. Let's get into it.
• 0:09
  Speaker 1: I do want to thank our sponsor today and that's
• 0:11
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• 0:38
  Speaker 1: Let's go into it today. I do want to lead
• 0:40
  Speaker 1: off with this chart right here, which is a big one.
• 0:44
  Speaker 1: And the note is I'm certain about silver being fully
• 0:46
  Speaker 1: endorsed monetary metal once again. And silver now, of course,
• 0:49
  Speaker 1: is looking at a cup and handle, you would think, well,
• 0:51
  Speaker 1: that's a pretty good chart. Problem that's forty five years
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  Speaker 1: in the making for this chart right here. In terms
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  Speaker 1: of the silver quarterly chart going up and this is
• 1:00
  Speaker 1: the point of today. We are maybe nearing an area
• 1:04
  Speaker 1: where we're going to start to see some pretty big
• 1:06
  Speaker 1: action going within silver in general. Part of this could
• 1:09
  Speaker 1: come from the demand that is being generated around solid
• 1:12
  Speaker 1: state EV batteries, but also solar plays into this. I
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  Speaker 1: want to play a clip for you. Then we're going
• 1:18
  Speaker 1: to bring in our guest to talk about where this
• 1:20
  Speaker 1: could happen or where this could go in terms of
• 1:22
  Speaker 1: the market and how to affects it.
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  Speaker 2: Let's go to soil one.
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  Speaker 3: So silver is the most conductive metal. Silver is used
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  Speaker 3: in electric vehicles from the electronics, to the battery system
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  Speaker 3: to charging components.
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  Speaker 2: So solid state.
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  Speaker 3: Batteries will require one thousand grams of silver per vehicle,
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  Speaker 3: so that's twenty times more silver. So Samsung expects commercial
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  Speaker 3: production to begin in twenty twenty six. And as if
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  Speaker 3: that's not exciting enough, silver is used in solar panels.
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  Speaker 4: OPEC the same year predicted electric vehicle sales would barely increase.
• 1:54
  Speaker 4: Well they were wrong. Same year, OPEC predicted that it
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  Speaker 4: was just unrealistic think that solar power would ever be
• 2:01
  Speaker 4: able to compete in costs. Here are all the past
• 2:04
  Speaker 4: projections of what solar energy was likely to do. And
• 2:08
  Speaker 4: here is the reality of what has actually happened. It
• 2:12
  Speaker 4: really is quite extraordinary, my goodness. Nobody could have imagined.
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  Speaker 4: It is by far the cheapest source of electricity in
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  Speaker 4: all of history.
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  Speaker 1: All right, So a lot happening out there in the
• 2:26
  Speaker 1: market that could drive this precious metal into the ozone.
• 2:30
  Speaker 1: And one of the ways that this could happen is
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  Speaker 1: through digital tokenization. And I wanted to bring in our
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  Speaker 1: guest today, and of course that is mister Andy Sheckman.
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  Speaker 2: How are you good to see if Paul? Thanks for
• 2:40
  Speaker 2: having me, buddy.
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  Speaker 1: Yeah, so obviously, Miles Franklin is a big purveyor of
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  Speaker 1: both gold and silver, and you've been watching this market
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  Speaker 1: for quite some time. I look at a couple of
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  Speaker 1: things that's going on in the market right now. I'm
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  Speaker 1: looking at SD bullion right now, which gets a look
• 2:55
  Speaker 1: at the gold and silver play. And if you look
• 2:57
  Speaker 1: at where gold and silver have started to go against
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  Speaker 1: each other, this goes all the way back into twenty
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  Speaker 1: elevel where we saw that dip. Are we potentially nearing
• 3:07
  Speaker 1: that kind of movement in the market where silver is
• 3:10
  Speaker 1: on the move upward? What's your current position.
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  Speaker 5: Well, you speak of the silver to gold ratio, and
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  Speaker 5: that's a big one. I mean, look, let's go back
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  Speaker 5: five thousand years. The geological ratio since the beginning of
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  Speaker 5: time has been sixteen to one, and it was that
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  Speaker 5: way for nearly five thousand years.
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  Speaker 2: In other words, we'll call that God's ratio.
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  Speaker 5: You dig a big hole in the ground five thousand
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  Speaker 5: years ago and you would receive sixteen ounces of silver
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  Speaker 5: for every one ounce.
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  Speaker 2: Of gold that you can pull out.
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  Speaker 5: And even Isaac Newton, when he was developing the ratio
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  Speaker 5: for the mint.
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  Speaker 2: Hundreds of years ago in the UK, sixteen.
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  Speaker 5: To one ratio the average price ratio, we'll call that
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  Speaker 5: man's ratio. Really, since the Industrial Revolution, the average has
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  Speaker 5: been about forty five to one, and that's been largely
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  Speaker 5: because silver's role as a industrial metal and gold's role
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  Speaker 5: as monetary metal. And what's really interesting right now is
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  Speaker 5: that it's coming out of the ground.
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  Speaker 2: According to my friend.
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  Speaker 5: Keith Neumeyer, who is the CEO of First Majestic Silver,
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  Speaker 5: that it's coming out of the ground at seven to one.
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  Speaker 2: It is disappearing.
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  Speaker 5: It's found in nature, like your skin is epidermis. It's
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  Speaker 5: found in nature in a form called epithermal right near
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  Speaker 5: the surface. The big deposits were found forever ago. To me,
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  Speaker 5: what has happened is largely driven by central bank suppression
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  Speaker 5: of silver. And we could talk about this for hours,
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  Speaker 5: but what is really changing right now is the amount
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  Speaker 5: of silver that is being imported into the United States.
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  Speaker 5: I truly do believe that someone grabbed Trump by the
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  Speaker 5: back of the neck and said we must start importing
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  Speaker 5: gold and silver. The rest of the world is onto
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  Speaker 5: what we have been doing now. They have been holding
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  Speaker 5: down silver in my estimation for a very long time
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  Speaker 5: due to the military industrial complexes need for silver. It
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  Speaker 5: goes well beyond electric vehicles, that goes well beyond solar panels.
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  Speaker 2: I have a very good client who is a.
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  Speaker 5: Consultant for the Department of Defense who tells me that
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  Speaker 5: there is as much as as much as five hundred
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  Speaker 5: ounces of silver in the cone of the majority of
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  Speaker 5: the high tech cruise missiles, let alone aerospace, let alone
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  Speaker 5: all of the high tech components that are used in military.
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  Speaker 5: This is the reason why eight Western banks eight have
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  Speaker 5: held the largest concentrated shore position in any commodity ever
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  Speaker 5: traded ever in the history of the COMEX. In silver
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  Speaker 5: year to date, Paul, we've seen almost eleven thousand tons
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  Speaker 5: of silver has come into the United States, most of
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  Speaker 5: it coming from London. The amount of silver available in
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  Speaker 5: London right now for delivery the float is one hundred
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  Speaker 5: and fifty one hundred and fifty five million ounces. Yet
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  Speaker 5: they are trading somewhere in the neighborhood of six to
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  Speaker 5: seven hundred million ounces every day. However, reports are that
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  Speaker 5: they only report the final settlement numbers, not the numbers
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  Speaker 5: of trades that go into that final settlement, which would
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  Speaker 5: put it as much as ten times higher. In other words,
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  Speaker 5: they are trading anywhere between six hundred and seven excuse me,
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  Speaker 5: six hundred million and seven hundred million. You can multiply
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  Speaker 5: that by at least ten times. You're talking three and
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  Speaker 5: a half times annual global mind supply every single day
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  Speaker 5: is trading on the LBMA with a float of only
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  Speaker 5: one hundred and fifty million ounce is what could possibly
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  Speaker 5: go wrong? It's a big, big problem. And I would
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  Speaker 5: simply say to you that the gold of silver ratio
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  Speaker 5: represents the opportunity of a generation.
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  Speaker 2: And I mean that sincerely.
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  Speaker 5: I'm not trying to sound like a salesman truly, this
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  Speaker 5: is something that Look, this has happened just a couple
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  Speaker 5: of This represents less than one percent of all of history.
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  Speaker 5: This ratio, which for five thousand years was sixteen to one.
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  Speaker 5: Up at this level anywhere near eighty to eighty five,
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  Speaker 5: you're talking like one half of one percent of all
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  Speaker 5: of history.
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  Speaker 2: Seeing this kind of distortion.
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  Speaker 5: So yeah, to me, it is the trade and the value,
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  Speaker 5: the asymmetrical value, low downside, high upside of a generation.
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  Speaker 5: In other words, people who have gold would be wise
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  Speaker 5: to consider trading some of it into silver at this ratio.
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  Speaker 5: One last point, when I first saw something like this,
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  Speaker 5: it was twenty ten. It was the first time I
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  Speaker 5: ever saw and it was the first podcast podcast every
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  Speaker 5: Day with Bixwear, And I told everyone at that point, look,
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  Speaker 5: I said, bis, this is the second time in human
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  Speaker 5: history in twenty ten we saw eighty five to one ratio.
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  Speaker 5: So we got to tell everyone to sell their gold.
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  Speaker 5: I'll sell it to the market, convert it to silver.
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  Speaker 2: Many did.
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  Speaker 5: Within seven months, you had just bypassed the one hundred
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  Speaker 5: and fifty two hundred year average of roughly forty five
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  Speaker 5: to one to thirty seven to one. So anyone who
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  Speaker 5: would have traded an ounce of gold in middle twenty
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  Speaker 5: ten at eighty five to one. By mid twenty eleven
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  Speaker 5: you had a nine hundred and fifteen dollars gold and
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  Speaker 5: fifty dollars silver. That's thirty seven to one. You would
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  Speaker 5: have we could have traded back into gold with thirty
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  Speaker 5: seven ounces, way over doubling what you started with. So
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  Speaker 5: to me, honest to God, this is a gift that
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  Speaker 5: you only see once or twice if you're lucky in
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  Speaker 5: an investing career.
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  Speaker 2: So yeah, I.
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  Speaker 5: Think this is an anomaly of epidemic proportions the silver.
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  Speaker 1: We showed this earlier, but right there silver d S
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  Speaker 1: and P five hundred ratio. I mean, this is way
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  Speaker 1: down in terms of the undervalue to traditional equity. So
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  Speaker 1: for what we're seeing in the market space right now, now,
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  Speaker 1: many of this will I think go into At least
• 8:44
  Speaker 1: our audience is going to be looking for tokenized silver.
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  Speaker 1: We've already seen this with a handful of projects out
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  Speaker 1: there that are tokenizing gold and including XAUT and Pax Gold,
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  Speaker 1: So that's something that could really go for And I
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  Speaker 1: think this is the key my predictions we're going to
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  Speaker 1: see token I silver this year. Andy and it may
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  Speaker 1: line up with what's happening in the market in general.
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  Speaker 1: But my question to you is the market cap what
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  Speaker 1: is it for silver right now? Because it still seems
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  Speaker 1: to be an estimated market cap in comparison to what
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  Speaker 1: we do know about gold. Is there a true market
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  Speaker 1: cap for silver?
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  Speaker 5: I think the market cap on that article that you're
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  Speaker 5: putting up right there, if I'm not mistaken from the
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  Speaker 5: Silver Institute, is full of nonsense because it's giving you
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  Speaker 5: a market cap based upon all of the silver. Ever mind,
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  Speaker 5: the majority of the silver that has been mined since
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  Speaker 5: the beginning of time.
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  Speaker 2: Is gone. It's destroyed, it's in landfills.
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  Speaker 5: You used so little of it inside of whatever object
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  Speaker 5: it is that it's being, you know, an iPhone or
• 9:51
  Speaker 5: the first calculator that you ever use when you are
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  Speaker 5: a kid, that.
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  Speaker 2: Haird it's all gone or blown up.
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  Speaker 5: In my opinion, if I had to guess, I would
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  Speaker 5: say that the true market cap of silver is far,
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  Speaker 5: far far if we were to really let the price
• 10:08
  Speaker 5: come out of silver's role in solar and evs and electronics,
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  Speaker 5: AI dad, all of this stuff. When you factor in
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  Speaker 5: the annual mining production of about eight hundred and twenty
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  Speaker 5: million ounces, which is already running well below demand of
• 10:21
  Speaker 5: about one point two one point three billion. For five
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  Speaker 5: years in a row, we've seen a structural deficit where
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  Speaker 5: you know, monetary demand and industrial demand is far greater
• 10:35
  Speaker 5: than supply.
• 10:36
  Speaker 2: I think you could say, depends what the price is.
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  Speaker 5: Let's put silk, let's put gold at five thousand dollars.
• 10:43
  Speaker 2: I guess you could say.
• 10:43
  Speaker 5: If you put gold at five thousand dollars and you
• 10:46
  Speaker 5: take the historical market cap, I don't know. I think
• 10:49
  Speaker 5: you could see a real market cap of doing the math.
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  Speaker 5: I don't know between two and six trillion dollars. It
• 10:56
  Speaker 5: just depends upon I think it would be multi trillions.
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  Speaker 5: Depends upon whether it becomes both a monetary reserve asset
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  Speaker 5: and a irreplaceable industrial metal. The problem with trying to
• 11:08
  Speaker 5: define the market cap, Paulice price discovery has been destroyed.
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  Speaker 5: But I will simply say this right now, especially in
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  Speaker 5: the United States, I've been screaming about the amount of
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  Speaker 5: gold and silver that the countries around the world have
• 11:20
  Speaker 5: been buying, such as Saudi Arabia, China, India, Russia. China
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  Speaker 5: is the second largest producer of silver in the world.
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  Speaker 5: They're flying all around set the Latin America, in particular Peru.
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  Speaker 5: In Mexico, they're buying silver dore and silver concentrate largely
• 11:35
  Speaker 5: directly from the miners, paying double with the West will
• 11:38
  Speaker 5: sending it back to China to refine it. They're doing
• 11:41
  Speaker 5: so to disintermediate the marketplace. But the amount of demand
• 11:44
  Speaker 5: that we have seen where Russia is adding it publicly
• 11:48
  Speaker 5: they say we are adding it to our strategic stockpile.
• 11:51
  Speaker 5: Saudi Arabia just took a huge position in it. India
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  Speaker 5: has bought between seven and eight hundred million ounces over
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  Speaker 5: the last six years, all of these countries using the
• 12:00
  Speaker 5: suppression of the Western paper price to stand for delivery.
• 12:03
  Speaker 5: But what makes things so crazy is the amount of
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  Speaker 5: silver that is now coming into the United States. And
• 12:08
  Speaker 5: in the first three days of the September contract, or
• 12:11
  Speaker 5: first four days of the September contract, well over two
• 12:14
  Speaker 5: billion dollars worth of silver was delivered already into the
• 12:18
  Speaker 5: collmex and we have the whole month of September ahead.
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  Speaker 2: That was last week.
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  Speaker 5: I haven't seen the numbers yet this week, but this
• 12:25
  Speaker 5: has been every single month, as much as four or
• 12:28
  Speaker 5: five billion dollars worth of silver have been coming in
• 12:30
  Speaker 5: minimum every single month since the beginning of the year.
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  Speaker 5: Big money in this country and who is it? We
• 12:36
  Speaker 5: don't hear anything about it. Same thing is true with gold.
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  Speaker 5: There are some very very big money interests that are
• 12:42
  Speaker 5: standing for delivery and the real target of all of
• 12:46
  Speaker 5: this is the LBMA, which is literally running on fumes.
• 12:49
  Speaker 5: One more point to make on the LBMA. For a
• 12:52
  Speaker 5: good portion of this year, the LBMA, in my opinion,
• 12:55
  Speaker 5: has been teetering on default.
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  Speaker 2: Now that's a big statement.
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  Speaker 5: The LBMA is a t P less one settlement market
• 13:01
  Speaker 5: where tea is trade plus one is settlement. On the
• 13:04
  Speaker 5: third day, those bars should be moving your way. The
• 13:06
  Speaker 5: Bank of England tells us for most of the year
• 13:08
  Speaker 5: that it's really about T plus six eight weeks now
• 13:13
  Speaker 5: because there's a shortage of manpower and trucks. We're supposed
• 13:16
  Speaker 5: to believe that the Bank of England doesn't have anything
• 13:18
  Speaker 5: in the way of trucks or excess manpower to move
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  Speaker 5: the silver that belongs to these contract holders to where
• 13:26
  Speaker 5: it should be going. It amounts to getting caught with
• 13:30
  Speaker 5: their pants down. And this is a trend that we
• 13:32
  Speaker 5: see accelerating. In my opinion, I think the market cap
• 13:36
  Speaker 5: really once price discovery rears its head, will be much
• 13:40
  Speaker 5: higher than people think possible, much higher than the Silver
• 13:44
  Speaker 5: Institute says. But the real flaw in their metric is
• 13:47
  Speaker 5: by trying to figure it out based upon all the
• 13:49
  Speaker 5: silver that's been mined, the majority of it's gone over
• 13:52
  Speaker 5: the last seventy five years. It's in landfills.
• 13:55
  Speaker 1: Well, and this is going to drive into what most
• 13:58
  Speaker 1: likely will happen if you look back at gold and
• 14:00
  Speaker 1: when packs g and then also xaut launch, these are
• 14:05
  Speaker 1: tokenized versions of gold. This is back in twenty and nineteen,
• 14:09
  Speaker 1: twenty twenty and twenty two, I think it was, and
• 14:13
  Speaker 1: this is all expanded of course now to where gold
• 14:15
  Speaker 1: is trading now at thirty six hundred all time high
• 14:18
  Speaker 1: point being is that silver has never had that kind
• 14:20
  Speaker 1: of exposure with Based on what you're telling me, which
• 14:23
  Speaker 1: is this somewhat thwarted growth of where silver could be
• 14:28
  Speaker 1: going along with now countries starting to acquire it, I
• 14:31
  Speaker 1: just wonder if we're going to see a whole new
• 14:34
  Speaker 1: DeFi ecosystem being built on digital silver, basically tokeniz silver.
• 14:40
  Speaker 2: So that could be huge.
• 14:41
  Speaker 5: Let me address that. Let me address that for a moment.
• 14:43
  Speaker 5: First of all, silver status is a GIF in good meaning.
• 14:47
  Speaker 5: As the price rises, demand increases. That's usually not the
• 14:50
  Speaker 5: way it is with assets, and making the shortages even worse.
• 14:55
  Speaker 2: That is a big deal to factor into it. You know.
• 14:59
  Speaker 5: Look, silver is already up forty three percent this year
• 15:01
  Speaker 5: and the dollars down eleven percent. Fifty two million ounces
• 15:05
  Speaker 5: were delivered into comes this month already with three weeks left.
• 15:09
  Speaker 5: We have a between a five and a seven percent
• 15:13
  Speaker 5: lease rate in London right now for available supply. It's
• 15:17
  Speaker 5: normally one percent or lower. This signals that the big money,
• 15:21
  Speaker 5: the retail investors, the big money, they're scrambling for real metal,
• 15:25
  Speaker 5: not empty promises. And the big money above that are
• 15:28
  Speaker 5: basically saying that your paper.
• 15:30
  Speaker 2: Promises are crumbling.
• 15:32
  Speaker 5: For the industrial giants, the sovereign wealth funds, all these
• 15:36
  Speaker 5: big money interesting, we're standing for delivery.
• 15:38
  Speaker 2: And then a very.
• 15:39
  Speaker 5: Quiet thing happened the other day. Again, this should be
• 15:42
  Speaker 5: all over the news, but don't tell anyone. The United
• 15:45
  Speaker 5: States added silver to the Strategic Minerals List. It's now
• 15:49
  Speaker 5: a strategic mineral. It is not just an industrial metal anymore.
• 15:53
  Speaker 5: And so when you talk about numbers, when you talk
• 15:57
  Speaker 5: about real numbers, silver has been one of the most
• 16:00
  Speaker 5: suppressed medals or commodities on the planet for a long time,
• 16:04
  Speaker 5: to the point where it's interesting when you talk about
• 16:07
  Speaker 5: the military industrial complexes role in it, and there's a
• 16:10
  Speaker 5: fine line between conspiracy and reality. But look at the
• 16:13
  Speaker 5: largest silver trust in the world SLV, which is literally
• 16:17
  Speaker 5: the largest silver trust or the largest six one or
• 16:19
  Speaker 5: two largest dockpile of silver in the world. It's run
• 16:23
  Speaker 5: by JP Morgan and Blackrock. JP Morgan paid a nine
• 16:26
  Speaker 5: hundred and twenty million dollar fine to the Justice Department
• 16:29
  Speaker 5: for suppressing the silver price a few years ago, the
• 16:32
  Speaker 5: largest fine they had ever held that ever passed out
• 16:35
  Speaker 5: ever now with Blackrock.
• 16:37
  Speaker 2: Involved in it.
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  Speaker 5: Who owns all of the military weapon manufacturers but Blackrock.
• 16:43
  Speaker 5: They hold the price of silver down to make high
• 16:46
  Speaker 5: tech weapons, to sell them all around the world to
• 16:49
  Speaker 5: NATO and all of the countries to blow up places
• 16:51
  Speaker 5: like the Ukraine, and then who gets the reconstruction contract,
• 16:55
  Speaker 5: Oh yeah, it's Blackrock. Now, I'm just simply saying there
• 16:58
  Speaker 5: is a fine line between conspiracy and reality. And the
• 17:01
  Speaker 5: more you dig into what silver really offers and why
• 17:05
  Speaker 5: eight banks would step on the price of silver, this
• 17:09
  Speaker 5: little tiny commodity to the largest concentrated short position in
• 17:13
  Speaker 5: the history of the comex market.
• 17:15
  Speaker 2: It tells you that silver.
• 17:16
  Speaker 5: Is far more important, far more critical, than we are
• 17:19
  Speaker 5: being led to believe by price alone. And when price
• 17:22
  Speaker 5: discovery is allowed to manifest, because it is now being
• 17:25
  Speaker 5: challenged by the majority of the other countries around the world,
• 17:29
  Speaker 5: the big ones in the global self, they're like, you
• 17:31
  Speaker 5: know what, we're going to stand for delivery, no more
• 17:33
  Speaker 5: paper promises.
• 17:34
  Speaker 2: And that's changing the narrative. Right here, right in front of.
• 17:37
  Speaker 1: Us, silver is starting to edge toward right now, holding
• 17:40
  Speaker 1: it around forty two dollars as of today. Likelihood of
• 17:44
  Speaker 1: this going to fifty dollars this year. I'm kind of curious, Andy,
• 17:48
  Speaker 1: do you feel like we might see that?
• 17:50
  Speaker 5: Well, yeah, you know that that cup and handle pattern
• 17:52
  Speaker 5: that you showed is one of the most powerful technical
• 17:56
  Speaker 5: setups you can find in markets, and for such a
• 18:00
  Speaker 5: long timeframe forty five years of suppressed energy to be released,
• 18:05
  Speaker 5: and it suggests that silver's been coiled like a spring.
• 18:09
  Speaker 5: And if you take a when you take the cup
• 18:12
  Speaker 5: and handle, the cup is the long base. In silver's case,
• 18:16
  Speaker 5: it's from the early nineteen eighties peak of fifty dollars
• 18:19
  Speaker 5: through the decades of consolidation. The handle is the pullback
• 18:22
  Speaker 5: or the tightening of the range, and once price breaks
• 18:25
  Speaker 5: above the rim of the cup, which is fifty, the
• 18:27
  Speaker 5: pattern signals a whole new, whole new uplet.
• 18:31
  Speaker 2: If you take fifty.
• 18:32
  Speaker 5: Dollars as the rim and four dollars as are there
• 18:35
  Speaker 5: even a little lower, just around four dollars as the bottom,
• 18:38
  Speaker 5: you do the math, you get forty six fifty minus four.
• 18:41
  Speaker 5: So the breakout above fifty plus forty six would be
• 18:44
  Speaker 5: ninety six to one hundred dollars would be the initial target.
• 18:47
  Speaker 5: Do I think it'll bust above fifty, Yeah, I do.
• 18:50
  Speaker 5: It's it's quietly in fact. On the futures right now.
• 18:53
  Speaker 5: Let's take a look real quick. The CME futures right
• 18:56
  Speaker 5: now is forty three zero point seventy five. On the
• 19:00
  Speaker 5: future is already at forty three, and it's outperforming just
• 19:04
  Speaker 5: about everything so far this year.
• 19:06
  Speaker 1: Yep, outperforming Bitcoin.
• 19:08
  Speaker 2: Oh for sure.
• 19:08
  Speaker 5: Anybody Nobody knows about it. And that's the craziest thing
• 19:13
  Speaker 5: pause the lack of mainstream media attention.
• 19:15
  Speaker 1: Well, they're going to know about it now because we're
• 19:17
  Speaker 1: talking about it here on this show. For sure I
• 19:20
  Speaker 1: want to get into because it has outperformed Bitcoin this year,
• 19:24
  Speaker 1: obviously outperforming mini digital assets. If we do see which
• 19:27
  Speaker 1: my prediction, we are going to see a token ised
• 19:29
  Speaker 1: silver coming soon. If that happens this year, that's going
• 19:32
  Speaker 1: to engage a lot more investors into it, which, of course,
• 19:35
  Speaker 1: to your point, is getting back to the idea of
• 19:38
  Speaker 1: how and where delivery is going to take place around this.
• 19:41
  Speaker 1: Let me go over to a tweet here real quick,
• 19:43
  Speaker 1: because this is Peter Schiff, one of your buddies. Silver
• 19:48
  Speaker 1: just traded forty two. Gold is poised to break.
• 19:50
  Speaker 2: A new record.
• 19:51
  Speaker 1: This is an unmistakable market signal that the Fed's upcoming
• 19:55
  Speaker 1: rate cut is a huge mistake. Your opinion on that,
• 20:00
  Speaker 1: feel like that is the case right now with the
• 20:01
  Speaker 1: rate cut coming in this week.
• 20:03
  Speaker 5: Yes, I do, because typically the Fed cuts interest rates
• 20:07
  Speaker 5: into a weak economy with stocks well below record highs.
• 20:11
  Speaker 2: I would argue maybe that the economy is.
• 20:13
  Speaker 5: Weaker than people think with the job revisions that we've
• 20:16
  Speaker 5: seen of nine hundred and eleven jobs revised. I mean,
• 20:19
  Speaker 5: this is stagflation, right, but this is going to benefit
• 20:24
  Speaker 5: the the one percenters, right, And because because those who
• 20:29
  Speaker 5: have assets should should do very well. The last three
• 20:33
  Speaker 5: times that we have seen rate cuts, we've seen gold
• 20:37
  Speaker 5: and silver go up substantially. You know, the rapidly growing
• 20:42
  Speaker 5: wealth gap only becomes larger, especially as core CPI inflation
• 20:46
  Speaker 5: is back above three percent and the economy weakening. Bottom line,
• 20:50
  Speaker 5: falling rates are a symptom of recession fears, not nothing else,
• 20:54
  Speaker 5: and I think recession, along with rising prices, you're going
• 20:58
  Speaker 5: to reignite more inflation is a bunch of nonsense. Inflation
• 21:02
  Speaker 5: is closer to eleven percent than it is three if
• 21:05
  Speaker 5: you just.
• 21:06
  Speaker 2: Use they argument all along. Andy, I'm I'm hundred percent on.
• 21:10
  Speaker 1: The same train of thought with you. I'm looking here
• 21:13
  Speaker 1: at the top assets gold approximately. You can kind of
• 21:16
  Speaker 1: see it nineteen trill in video holding up their Microsoft, Apple, Amazon,
• 21:21
  Speaker 1: Bitcoin alphabet, then silver. If in fact this is accurate,
• 21:25
  Speaker 1: but you're saying it.
• 21:26
  Speaker 2: Could be much higher.
• 21:28
  Speaker 1: This is very possible where silver could flip places like Google,
• 21:33
  Speaker 1: maybe even take a run at Bitcoin, maybe even Amazon.
• 21:37
  Speaker 1: If we start to see the price moderate, or I
• 21:40
  Speaker 1: should say, the price action go at the level that
• 21:42
  Speaker 1: you're talking about in the next six months, which could
• 21:45
  Speaker 1: be the trade of maybe at least the last several
• 21:49
  Speaker 1: years in terms of performance, and especially I think again,
• 21:52
  Speaker 1: if we get a token nice silver, it's going to
• 21:54
  Speaker 1: be huge.
• 21:55
  Speaker 2: Paul, I have tried for a long time. This is
• 21:57
  Speaker 2: why I love talking to you.
• 21:59
  Speaker 5: I mean, you're so someone who has an open mind
• 22:03
  Speaker 5: enough to listen to both sides. And this is the
• 22:05
  Speaker 5: whole idea, This is why I brought Michelle McClory, and
• 22:07
  Speaker 5: this is the whole idea that I have, is that
• 22:10
  Speaker 5: all of our portfolios are stronger, our understanding of monetary
• 22:15
  Speaker 5: events are stronger, our argument is stronger if we combine
• 22:19
  Speaker 5: the two. It doesn't have to be just digital assets
• 22:23
  Speaker 5: like bitcoin. It doesn't have to be just physical hard
• 22:26
  Speaker 5: assets like gold and silver. But I do believe that silver,
• 22:30
  Speaker 5: in my mind, is the value of a generation. It
• 22:33
  Speaker 5: would be very wise for people to whether or not
• 22:36
  Speaker 5: it outperforms in terms of its market cap, whether or
• 22:39
  Speaker 5: not real price discovery finds itself, everything that they are
• 22:43
  Speaker 5: doing to keep it blurred from everyone, everything they are
• 22:47
  Speaker 5: doing to hold it down, everything that we are seeing
• 22:50
  Speaker 5: on the LBMA should tell people who have done very
• 22:53
  Speaker 5: well in the crypto space, take a little bit of
• 22:55
  Speaker 5: that profit out, put it in physical metal, put it
• 22:58
  Speaker 5: on the other side of the table, because largely we
• 23:00
  Speaker 5: both see the world the.
• 23:01
  Speaker 2: Same way we do.
• 23:03
  Speaker 5: And I think having something physical in your possession that
• 23:06
  Speaker 5: is disappearing in nature, it is depleting in nature from
• 23:10
  Speaker 5: sixteen to one for five thousand years down to seven
• 23:13
  Speaker 5: to one, yet trading at eighty five or eighty eight
• 23:16
  Speaker 5: to one because of the stupid central commercial and central
• 23:19
  Speaker 5: banks that are suppressing it for the Western the West's good.
• 23:23
  Speaker 2: I don't know.
• 23:23
  Speaker 5: I don't think you get a setup like this very often.
• 23:26
  Speaker 5: And whether or not it outperforms or that's not the
• 23:29
  Speaker 5: idea of the idea is this is a generational opportunity
• 23:32
  Speaker 5: to take some profity.
• 23:34
  Speaker 2: From here and go to here and leave your initial
• 23:36
  Speaker 2: bet there. I don't know. I just think it makes your.
• 23:39
  Speaker 5: Whole portfolio hole hell of a bit stronger when price
• 23:41
  Speaker 5: discovery fines itself.
• 23:43
  Speaker 1: Yeah, so okay, So if we were, if we were
• 23:46
  Speaker 1: trying to manage your portfolio right now, Andy, and I've
• 23:48
  Speaker 1: got golden Bitcoin on one side, and I've got this
• 23:52
  Speaker 1: which are both high performing right now, and then I've
• 23:55
  Speaker 1: got silver and Ethereum over here on this other side.
• 23:58
  Speaker 1: Ethereum at its all time high repressed a little bit
• 24:03
  Speaker 1: silver clearly an opportunity. Would you go ahead and move
• 24:06
  Speaker 1: some of those golden bitcoin assets over to eth and silver?
• 24:10
  Speaker 5: Yeah, why not. That's how you succeed in investing. You
• 24:13
  Speaker 5: take some you reposition from. Look, pigs get fed, hogs
• 24:17
  Speaker 5: get slaughtered. I'm not saying get rid of those positions,
• 24:20
  Speaker 5: but yeah, take some of the froth off and put
• 24:22
  Speaker 5: it into undervalued assets in essence, have the exact same story.
• 24:27
  Speaker 5: And yes, that is how you do it. And people
• 24:30
  Speaker 5: are often they don't They're not one am I trying
• 24:35
  Speaker 5: to say? They act after they see the move. Truly
• 24:38
  Speaker 5: successful investors do so before it becomes obvious to the mainstream.
• 24:42
  Speaker 2: Yes, it's being proactive rather than reactive. I like it.
• 24:46
  Speaker 1: Andy Schachman coming in for Miles Franklin. You guys, of
• 24:48
  Speaker 1: course can go check out Miles Franklin. They sell of
• 24:51
  Speaker 1: course gold and silver over there. So Andy, thanks for
• 24:53
  Speaker 1: coming in today. We appreciate it.
• 24:55
  Speaker 5: It's always a pleasure, Paul, I really do appreciate it.
• 24:57
  Speaker 5: I love your viewpoint on the world and how open
• 25:00
  Speaker 5: you are to everything. So thank you for letting me
• 25:02
  Speaker 5: be a little piece of what you're doing. And I
• 25:04
  Speaker 5: look forward to picking up where we left off, not
• 25:06
  Speaker 5: too far down the road.
• 25:07
  Speaker 1: All right, you got it, Thanks Andy. You guys jump
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• 25:25
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• 25:29
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• 25:34
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• 25:38
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• 25:40
  Speaker 2: Thanks