✨ 7000% Silver Revaluation! Why Central Banks Are Repatriating Gold from the West? | Andy Schectman

追加: 2026-05-25

[00:00:00]When when you have a a an exchange and a set of exchanges and markets that are really rooted in trust. And if you don't trust the exchanges or the markets, why would you want to leave it there? Which is exactly why we have been seeing all of these deliveries and a lot of it leaving COMEX. We saw 39 million oz of silver in the COMEX market in February. That's 2 million pounds of silver get on trucks and go. We saw a week ago Friday 2 million oz of silver leave the eligible category of COMEX. So, that's silver that's not even backing the bars that are for that are being listed. We're seeing metal leave all of these these exchanges and and a bigger indictment sovereign nations repatriating from the Bank of England and the New York Fed where for 50 years gave them direct access to the most liquid markets in the world the LBMA and the COMEX. These countries like France would say screw it. I would rather have my metal here at home even if it means I'm less liquid cuz I don't trust you. And you look around and they say, you know, do we trust holding treasuries? Look what happened to Russia. Do No, we don't. In fact, gold is outperforming the treasury market and it has no counterparty risk. Do we trust leaving our metal at these old exchanges or the banks the Bank of England New York Fed? No, we'd rather take it home.

[00:01:21]Do we trust the administration? Do we trust the geopolitical and political aspirations of the United States government? We trust their markets. Do Do we trust anything anymore? And a system that is largely based on trust you and I were talking offline about being being real, being honest, being at the fear, being authentic. And how how rare it is to see that nowadays, you know, people are cynical. You and I grew up way back when in Minnesota where that was a given. Everyone was honest and sincere in Minnesota nice, you know. Now it's like in the world we live in trust has to be earned. And I think they're are low on the trust totem pole right now with a lot of the things that we are doing around the world and a lot of the things we're doing here at home. We're fiscally irresponsible to boot.

[00:02:13]So, who the hell would want to hold our treasuries that are being literally inflated away at a at a massive clip by an administration and by institutions that people are looking at and saying jeez, you know, I I think I'd rather remove any and all counterparty risk.

[00:02:28]I think it's only going to get worse.

[00:02:29]And I think counterparty risk will be one of the dirtiest words of this decade before it's all said and done.

[00:02:35]That's when you get into the conversation of David Rogers web and the great taking and all of the things where things that we think we understand and as as being true in a very leveraged economy can unwind like that. And as bullish as it was for when you see the youth of the Japanese yen carry trade rates at zero allowing assets to be bid way up in a low interest rate environment, those asset prices bullish as that was it's 10 times more bearish than it unwinds because when it's moving up it's in an orderly fashion. When it comes down it's panic and everyone shoving through the door at the same time.

[00:03:13]And it's something like this a prolonged event that serve to create problems in the economy with much higher prices that lead to much less in the way of corporate profits and layoffs into an already sluggish economy indebted and under invested enough savings too much debt and speculation.

[00:03:34]Look at the the the private equity markets.

[00:03:37]Another thing people aren't talking about too is the Fed just called in all of the heads of the banks and said there's this new AI program that hasn't been released yet. I got the name of it.

[00:03:48]It It just last week. And they're very afraid of of where AI is going because there are all of these banks they said, look, you have all said you'll you'll software is pretty much impenetrable and for the last 20 years all sorts of human human I use as a quotes analog humans analyzing this have found any hole. They released haven't released it yet, but this new AI I think it's called like amorphous something along those lines. You Google it will pop right up.

[00:04:18]>> It's It's Let me It's the owner of Claude.

[00:04:22]And and Anthropic. That's it. Thank you.

[00:04:25]And that they're very afraid because it found thousands of holes that no one thought was there.

[00:04:31]This kind of stuff is going to fall into bad actor hands. And you know, what happens when you start to get in this kind of problem that affect people really really affect people here in the United States.

[00:04:43]>> I think it's a good thing that they're actually doing cuz they don't now they're releasing it to Well, that the one thing I don't like though is cuz you can't even trust who they're releasing it to. But They released it to Jamie Dimon at JP Morgan, right?

[00:04:53]>> Well, they released it to like the 30 different corporations. Also the big tech guys, the big tech companies and the big banks. But what about all the little guys, right? They don't want to release it in general because they don't trust They don't trust people. So, they're trusting just the big institutions. So, now they're going to get this huge advantage and whatever. Do you know how much JP Morgan spends on security for IT each year? $1 billion or more. And so, what does that affect every mid-size company in America that has digital platforms? Hmm, I wonder.

[00:05:25]And so, these are and when we talk about all these things from oil to trust to to AI technology to IT All of these things in and of themselves are relevant. You put all of these things together in an environment that very hot mess where everything is a potential trigger to create a systemic chain reaction in all sorts of areas that none of us are even thinking about.

[00:05:52]And and I say this with great sincerity that I think if you are not a contrarian right now you are bound to be a victim.

[00:06:00]And I whether you buy gold from Miles Franklin or not the way to be as far away from this as possible is to be as analog as possible in the form of assets in your own possession.

[00:06:11]Whether it's Bitcoin in your own possession, whether it's art, whether it's cars, whether it's gold, whatever it is, assets in your own possession right now have never been more important. And you know who's showing you that by the playbook? The biggest money in the world.

[00:06:24]>> That's right. And just and pulling it back from all of the world's primary you know, exchanges or holding points like the Bank of England New York Fed because they don't trust the system. And You know what I did? I spent before getting ready for this show, I wanted I went to a bunch of different AIs and I said, okay, what is the most underreported geo geo economic issue that's going on around the world that people in the United States do not learn about or are not hearing about.

[00:06:54]>> Ooh, that's a good one. Yeah, and I did it all I do that on a regular basis. And consistently at the top of the list is are the countries right now that are standing for gold and moving to doing gold as a currency hedge and moving away from the dollar. And it said that is the number one and this is from all the different This was this week. It wasn't It didn't say that weeks past. This week it said that. And it said that >> that to you for 3 years, 4 years. You've been saying that's what It's Andy Schectman's words. But now the AIs are telling me it's the number one economic global thing going on right now in the backdrop that nobody in the mainstream is talking about. And all these countries are doing. And I said, okay, well, who's doing it? You know, what countries are? And it just listed a slew of them. They're all moving in that direction. And Iran war is accelerating it.

[00:07:51]Can I tell you why they're doing it? And it's interesting when even people who are this way would listen to that and not maybe understand really what you're saying because well, they want gold. They're looking for an asset one higher blah blah blah. They don't trust the dollar. Okay. Well, let's let's expand upon that. Really what they are really doing is making a very big statement in that what is gold other than a 6,000-year-old agreed upon by all of human civilization form of wealth, right? What gold is it's the only global neutral reserve asset.

[00:08:26]Neutral meaning you can measure every single thing on the planet in value against it. What How much is that ring, Sarah? How much is that piece of artwork? In what? What are we measuring it against? Valuations are not arbitrary. Is it in dollars, in euro, in pounds? Are you measuring it in What are you measuring it against? Right? In the United States we have a hard time understanding that cuz we grew up with everything valued in dollars. If at our age before the euro, you grew up in Italy, you could get in a car and be in Switzerland in 30 minutes or in France in a couple hours. You know, get on a train and be in London in a few hours.

[00:09:00]So, every one of these countries had different currencies. You understood how things were valued in other currencies.

[00:09:06]In the United States we don't quite get that. So, when we talk about what gold is number one, it's a neutral reserve asset by which everything else is measured. Number two, it's an asset that has outperformed the 10-year treasury by a double one five year for the last 2 years at factor of 10 times last 2 years each year about 10 times performance better in gold. So, in essence, these countries are looking to gold in my mind not as a a a settlement status but they're something to the gold and the way they're doing that is through alternate payment systems to your point earlier multipolar. All of these countries are signing up either for Enbridge or what China just did with the countries in Southeast Asia the acronym ASEAN Asian.

[00:09:54]800 million people twice the population of the United States, China's largest trading partner by far, are all signed up to ASEAN, which means they will trade with China using their own local currencies over a system that not only using your local local currencies, it builds their own monetary system instead of ours, trade over a system like CIPS, the cross-interbank payment system, or mBridge, both of which are not compatible to Swift or the dollar, which which then allows them to settle imbalances in gold instead of treasuries. Now, if you are not trading as much in dollars, you chip away at the dollar settlement system. And if you aren't holding as many dollars, you don't need to reinvest them into treasuries, meaning you're chipping away at the reserve status of the dollar little by little by little by little. And so, gold is not being used as money, but it's being used as a alternative form to settle imbalances in trade and in um uh currency and in investment. And the way that they plan on doing that, China is doing, is the expansion of the Shanghai Gold Exchange.

[00:10:56]First one just got completed in Hong Kong. The significance of that is that when gold leaves China, it must by law come out of Hong Kong. So, the second one is being built in Saudi Arabia, who is one of the five participants in mBridge, the digital cross-border payment system. So, whether it's mBridge or CIPS, these countries will trade their own currency over platforms that the US and the West cannot interfere with. And then they will settle imbalances in gold because they are going to build vaults all around Africa and Asia, in the Middle East, in the Belt Road to settle imbalances and sprinkle everyone's gold through each of these vaults so that look, the way that they're doing it now, China just said, "Look, you do not need to convert to dollar. If your government and we paid for something in digital yuan, you can immediately convert to gold like that out of yuan to the Shanghai Exchange."

[00:11:48]So, Saudi Arabia sells their oil to China, pays for it in digital yuan over mBridge or CIPS, not compatible with the the Swift, no interference. And then China or Saudi Arabia can say, "You know what? I want gold." I'll [clears throat] send it back, I'll send the yuan back and immediately convert it into gold in the Shanghai Exchange, take delivery through Hong Kong, and in a few months people will take delivery in their backyards in the vault being built in Saudi Arabia. It will be all throughout the Belt Road. So, gold will be what they use to settle imbalances in currency and in trade. And then gold will ultimately be used for trade.