Kitco News, Released on 2/14/25

Gold is making major moves, and behind the scenes, the system is shifting. Is the U.S. preparing to revalue gold to tackle its $36 trillion debt crisis? Are we seeing the biggest gold repatriation in history? And why is gold flowing from London to the U.S. at record levels? Andy Schectman, President of Miles Franklin Precious Metals, breaks down the gold revaluation rumors, BRICS’ gold-backed settlement plans, China’s aggressive gold buying, and the stress signals in the paper gold markets that could change everything.

Key Points:

Gold revaluation: Is the U.S. about to mark gold to market?
Why is gold moving from London to the U.S.?
BRICS and the global move toward a gold-backed system
China’s accelerating gold accumulation—what’s their endgame?
Paper gold market stress—could a COMEX default be next?
Will gold finally break out—or will governments intervene?

00:00 Introduction
01:10 Gold Revaluation Explained
02:29 Expert Insights with Andy Schectman
04:32 Global Gold Market Dynamics
10:52 Repatriation and Accumulation of Gold
28:13 Paper Gold System Breakdown
31:39 Bank Failures and Gold Revaluation
32:33 Global Gold Demand and Supply Issues
33:59 China and BRICS Nations’ Gold Strategies
42:32 US Debt Crisis and Gold Revaluation
47:30 Gold as a Safe Haven Investment
48:07 Future of Gold Prices
59:06 Conclusion

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.

  Andy Schectman, gold, Gold Revaluation