Video News/In Focus with Jeremy Szafron
$50 silver and $10K gold? This is just the beginning | Florian Grummes
Gold is pulling back from record highs above $3,500/oz — but is this just a pause before the next surge? Silver is up over 3% in a single day, and some analysts say it's finally “waking up.” Azerbaijan’s State Oil Fund just added nearly 19 tonnes of gold in Q1, signaling fresh sovereign accumulation. Meanwhile, Treasury Secretary Scott Bessent says there's “an opportunity for a big deal” with China on trade. Could this reshape global capital flows — and set the stage for silver to explode? Florian Grummes, Managing Director of Midas Touch Consulting, joins Kitco News Anchor Jeremy Szafron to break down silver’s technical breakout, China’s strategic push to internationalize the yuan with gold, and what’s next for precious metals. They also explore the gold/silver ratio, mining stocks like Silver Tiger Metals and First Mining Gold, and whether silver can really hit $50 this spring.
Guests: Florian Grummes
Source: Kitco News
Share
Up next
MORE
Latest Videos
That's all the videos we have for now. Please check back later.