The warning signs are flashing, and yet many still wonder: how can an economy that seemed strong just yesterday now be on the verge of collapse? The answer lies in the foundation of our financial system, which has been weakened by decades of unsustainable debt, reckless spending, and artificial market manipulation. Let’s take control of your financial future before it’s too late.

The Strategic Move Towards Gold and Silver

For a decade, Steinmann has been at the forefront of the silver and gold industry. His experience with Pan American Silver underscores the increasing demand for tangible assets amid growing economic distortions. One of the most significant takeaways from the PDAC discussion was the game-changing impact of Pan American Silver’s acquisition of Yamana Gold. The timing of this acquisition—when gold was priced around $1,750-$1,800 per ounce—was strategic. Now, with gold approaching $3,000 per ounce, the move has proven to be an extraordinary success.

This reinforces a critical principle our audience understands: gold is a long-term store of value. Unlike paper assets, which are vulnerable to inflation and policy shifts, gold and silver provide a safety net against economic turbulence.

Central Banks and the Gold Rush

One of the most striking observations made during the conversation was how central banks are piling gold at record levels. Countries like Turkey, Poland, and India are aggressively buying gold as they de-dollarize, reducing their reliance on the U.S. dollar. This trend is significant because it highlights a shift in global financial confidence.

Historically, when central banks accumulate gold, it serves as a strong indicator of future economic distress. If the institutions that control monetary policy are hedging with gold, it signals potential challenges ahead—challenges that individual investors should also prepare for.

Interest Rates, Inflation, and Precious Metals

Steinmann previously advocated for lower interest rates as a catalyst for rising gold and silver prices. However, he now acknowledges that gold has surged despite rates remaining high. The reason? A global flight to safety. Investors are recognizing the precarious state of fiat currencies and are turning to tangible assets.

Inflation fears, economic uncertainty, and currency devaluation have pushed gold to all-time highs. Meanwhile, silver, while lagging behind gold, is experiencing strong industrial demand, particularly in renewable energy and technology sectors. With TD Bank forecasting the fifth consecutive silver supply deficit, the metal’s scarcity could drive significant price increases in the coming years.

Will Tariffs Impact Gold and Silver Markets?

Another crucial topic discussed at PDAC was the potential for tariffs on gold and silver. With geopolitical tensions rising and trade disputes intensifying, the U.S. may impose tariffs that could further impact precious metals prices. Steinmann noted that while Pan American Silver does ship some materials to the U.S., they also have refining options in Canada, Switzerland, and Germany, allowing them to navigate potential tariff impacts.

For investors, this underscores the importance of owning physical gold and silver rather than relying on paper assets that could be affected by policy changes.

The Silver Liquidity Crisis

TD Bank’s recent report predicts a looming silver liquidity crisis, with available above-ground silver stocks rapidly depleting. While there is technically an abundance of silver in the world, much of it is locked in industrial applications or private holdings. Unlike gold, which is largely stored as bullion, silver has widespread industrial use, limiting its immediate availability for investment.

Many silver investors are long-term holders, unwilling to sell at today’s prices. If supply continues to tighten, silver’s value could surge dramatically. This presents an opportunity for savvy investors who recognize silver’s dual role as both a monetary metal and an industrial necessity.

The Takeaway: Secure Your Wealth with Precious Metals

As economic uncertainty grows, the key takeaway from PDAC is clear: gold and silver remain the ultimate hedge against financial instability. With central banks accumulating gold, inflationary pressures mounting, and silver supply deficits intensifying, now is the time to evaluate your portfolio.

At ITM Trading, we specialize in helping investors protect their wealth with physical gold and silver. With over 28 years of expertise, we provide tailored strategies to navigate market volatility and safeguard your retirement.

THINKING ABOUT PURCHASING GOLD & SILVER? Get expert guidance from our team of analysts with 28+ years of experience. Schedule a free Q&A 👉 SCHEDULE YOUR CALL HERE or call 866-706-9061

“The ITM team offers something unique—direct, personal guidance. What stood out to me right away was that they weren’t just focused on making a sale. Instead, they took the time to build my understanding of the function and value of precious metals.” — Gary P. [Verified Google Review]