Jimmy Dore and Scott Chene of Monetary Gold discuss surging gold and silver prices, citing bank forecasts and analysts who argue the move reflects dollar debasement, massive debt, and global shifts away from U.S. Treasuries into hard assets. Chene argues that precious metals are not merely spiking, but are being “repriced” as markets respond to long-term structural deficits, negative real rates, and declining trust in fiat currency.
Silver is framed as both a monetary hedge and an industrial metal, making it volatile but positioned for strong gains if industrial demand and monetary stress collide. Overall, the conversation presents precious metals as protection against inflation and currency erosion rather than speculative trades.
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