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In this episode of the RIA Edge Podcast, host David Armstrong speaks with Randy Morris, founder and CEO of Summit Wealth Group, about the firm's transition from a long-standing broker/dealer affiliate to launch its own independent RIA platform. He explains how the decision was shaped by a desire for greater autonomy, improved client experience and long-term growth potential. Randy also shares how leadership structure, internal ownership and a minority capital partnership are helping guide the firm forward, along with how digital marketing, acquisitions, expanded services and technology are each playing a role in building the next phase of the business. Key takeaways: What drove the firm's leaders to leave a 20-year tenure as a hybrid affiliate of an independent broker/dealer to launch “Summit 2.0” as a fully independent RIA The succession calculations that fueled many of the structural changes Summit made in recent years The importance of organic growth and how Summit has landed some of its largest clients via SEO and Google What drives the firm's M&A strategy, and the types of firms it is looking to add to the mix in the future How Summit executives decided on an executive organizational structure to formalize and streamline decision-making processes, and how they deliberately created internal career pathways for employees The reasons the firm accepted an investment from Constellation Wealth, beyond simply access to operating capital How the firm feels about balancing unified branding with localized identities for its geographically diverse advisors Resources: Listen to the RIA Edge Podcast on Wealth Management Listen and Subscribe to the RIA Edge Podcast on Apple Podcasts Listen and Subscribe to the RIA Edge Podcast on Spotify Connect With David Armstrong: Wealth Management LinkedIn: Wealth Management LinkedIn: David Armstrong Twitter: David Armstrong LinkedIn: Informa Connect With Randy Morris: LinkedIn: Randy Morris LinkedIn: Summit Wealth Group Website: Summit Wealth Group About Our Guest: Randy Morris' early career helped prepare him as a financial planning pioneer. After graduating from the University of Colorado in 1982 with a degree in business and organizational management, he worked for two years as Vice President of Executive Economic Services, Inc., in Denver, Colorado. In 1985, Randy founded Executive Financial Planning, Inc. (EFP), one of Mississippi’s first financial planning firms. In 2002, he created Summit Wealth Group (SWG) out of a desire to provide additional wealth management services for clients. Randy serves as the firm’s CEO. In March 2025, Summit Wealth Group, LLC, registered with the SEC as a registered Investment Advisor and filed notice with six states. Peers in the financial industry have recognized Randy's skills and accomplishments by electing him as a past President of the Mississippi Chapter of the Financial Planning Association (FPA). Randy is a Chartered Financial Consultant (ChFC-1985), and a CERTIFIED FINANCIAL PLANNER® Practitioner (1987). He is also a Registered Representative, an Investment Adviser Representative, and a Registered Securities Principal. Additionally, he has assisted the CFP® Board of Examiners as an exam reviewer. Randy has served on numerous boards, including Barge Timberlands International, Camp Lake Forest Ranch, Southeast Regional Committee for Young Life, Military Community Youth Ministries (MCYM), and the World Vision Leadership Council. Randy lives with his wife, Nancy, in Scottsdale, Arizona, where they attend Scottsdale Bible Church. They have six children: Joy, Jesse, Hannah, Scott, Randy, and Ryan, as well as 12 grandchildren. Randy's accolades include being recognized by Forbes Magazine in each of the past 8 years, making its “Best-In-State Wealth Advisors” list for the state of Arizona.
In this podcast, Annika Kroeger is joined by Christoph Ramseier to explore the concept of Responsible Periodontology, an initiative launched by the EFP in 2022. They also discuss what this means in everyday practice and the role of digital innovation and AI in shaping a more sustainable future for oral healthcare.
Švýcarské bankovnictví je světová špička, ale má jednu zásadní trhlinu: bankéř je stále zaměstnancem banky, nikoliv vaším.V tomto díle podcastu rozebírají Pavel Černík, Dominik Krampla a Patrik Martinec jak efektivně využívat švýcarskou finanční infrastrukturu a přitom si zachovat absolutní kontrolu nad strategií.Majetek v řádech stovek milionů korun vyžaduje jiný přístup než standardní privátní bankovnictví „podle šablony“. Dozvíte se, proč je klíčem k úspěchu model Multi-Family Office a jak banku vnímat pouze jako bezpečný technický nástroj.V rozhovoru se dozvíte: Mýtus o bankovním poradci: Proč jeho cíle nemusí být v souladu s vašimi (provize a kickbacky). Banka jako platforma: Jak oddělit správu majetku od jeho držení a eliminovat střet zájmů. Síla objemu: Jak vyjednat individuální podmínky a nulové provize díky partnerovi, který zastupuje více rodin. Filtrace příležitostí: Role Family Office jako štítu, který ke klientovi pustí jen to, co dává smysl pro jeho dlouhodobou strategii.
They're dragging a disproved Iraq War storyline out of storage to sell a new war with Iran, and it matters because it's the kind of myth that can get people killed. We sit down with Captain Matt Ho to dissect the EFP hoax: what explosively formed penetrators were, how they were used in Iraq, and how the claim of Iranian direction or supply turned into a convenient political talking point. We also name the bigger pattern: when leaders need a clean villain, they rewrite messy history into a simple slogan. From there, we get into the competence problem driving today's Iran war narrative. Trump points to advice from Jared Kushner and Steve Witkoff, and we explore what happens when personal loyalty replaces subject-matter expertise, especially around Iran's nuclear program. Mixed messages about goals like regime change, “unconditional surrender,” or vague “imminent threats” aren't just sloppy, they're dangerous, because they blur the line between deterrence and escalation. We also zoom out to the strategic fallout: US military readiness, munitions constraints, and the real-world risk of energy shock tied to the Strait of Hormuz. Add in Lindsey Graham pressuring allies and the growing influence of religious nationalism, including Christian nationalism inside parts of the US military, and you get a conflict that can expand fast while staying politically incoherent. If you care about foreign policy, the Iraq War legacy, Iran war analysis, and the future of the US empire, this conversation is for you. Subscribe, share this with someone who still remembers the Iraq War messaging, and leave a review telling us what claim you want fact-checked next.
Гость выпуска Алина Мартиросова, врач-стоматолог-хирург, пародонтолог, лектор учебного центра "Квинтэссенция", "S.T.I. Dent", член европейской федерации пародонтологии EFP В этом выпуске поговорили об осознанном выборе профессии пародонтолога. Обсудили, почему сегодня так много внимания уделяется рецессиям и мягким тканям, но при этом по-прежнему остаются сложности с базовой диагностикой и инструментальной обработкой. Поговорили о том, зачем обязательно работать на фантомах и почему иногда врачам стоит меньше лечить и больше думать о показаниях. В конце затронули темы профессионального роста, преподавания, сложных коммуникаций с пациентами и того, что действительно помогает молодому врачу найти своё место в профессии.Telegram-канал доктора Марины Вишняковой https://t.me/periosimple Telegram-канал проекта "Современная пародонтология" https://t.me/modern_periodontology Поддержать подкаст https://pay.cloudtips.ru/p/3a0469d9
V dnešním díle moudrého investora se věnujeme nastavení rodinných hodnot, pravidel a rodinných ústav. Doposud toto téma s naší strany nebylo tolik komunikováno, nyní jej má na starosti Pavel Černík ve spolupráci s novou právní kanceláří – tak, aby všechny části rodinné struktury fungovaly dlouhodobě a správně.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
To represent Kosovo and Albania at the EFP's European Shooting Stars 2026: Fatlume Bunjaku The post Fatlume Bunjaku, interview with the European Shooting Star 2026 from Albania appeared first on Fred Film Radio.
To represent Austria at the EFP's European Shooting Stars 2026: Lucas Englander The post Lucas Englander, interview with the European Shooting Star 2026 from Austria appeared first on Fred Film Radio.
To represent Belgium at the EFP's European Shooting Stars 2026: Violet Braeckman The post Violet Braeckman, interview with the European Shooting Star 2026 from Belgium appeared first on Fred Film Radio.
To represent France at the EFP's European Shooting Stars 2026: Salif Cissé The post Salif Cissé, interview with the European Shooting Star 2026 from France appeared first on Fred Film Radio.
To represent Germany at the EFP's European Shooting Stars 2026: Enno Trebs The post Enno Trebs, interview with the European Shooting Star 2026 from Germany appeared first on Fred Film Radio.
V tomto videu se Dominik Krampla společně s Patrikem Martincem detailně zaměřují na commitment plán, který je zásadní součástí našich investičních strategií v oblasti private equity a soukromých trhů.
This week on The Lumber Word, the crew welcomes Patrick Teoli, IT specialist and owner of BluCirrus, to tackle all those tech questions that “just unplug it and plug it back in” won't solve. From system crashes to smarter setups, Patrick keeps it real about how tech meets the lumber world. Then, things heat up fast in the lumber market discussion — and it's a wild one. After a sharp CME selloff, fear is rippling through the supply chain. So where's the opportunity hiding? Gregg, Matt, Charles, and Ashley break it down with their takes on Hem-Fir convergence, mills that might pull the plug, and why if you're EFP'ing and sleeving through five people, you're probably missing the real play. Come for the information, stay for the laughs — and leave a little smarter (and maybe better looking). Advertisers: Fastmarkets Random Lengths djalbert@fastmarkets.com www.fastmarkets.com Layman's Lumber Guide www.laymansguide.com Matt@laymansguide.com Guest: Patrick Teoli BLUCIRRUS pteoli@blucirrus.com Show Contacts Gregg Riley: Gregg@sitkainc.com Charles DeLaTorre: cdelatorre@ifpwood.com Matt Beymer: mattbeymer@hamptonlumber.com Ashley Boeckholt: ashley@sitkainc.com
In this week's Live from the Vault, Andrew Maguire explains how extreme stress in COMEX's gold settlement mechanism forced emergency bullion deliveries, exposing the fragility of paper markets and the threat of systemic failure in global gold pricing.Andrew reveals how Basel III-compliant exchanges across China are replacing the LBMA's dominance, as global liquidity shifts towards physical settlement, with central banks preparing for a dramatic gold revaluation that could reshape monetary order.Send your questions to Andy here: https://www.speakpipe.com/LFTV_______________________________________________________________Timestamps: 00:00 Start02:29 Nixon Shock anniversary highlights the fragility of fiat money10:00 EFP imbalances show Comex reliability issue, prompting NSFR compliance 18:13 COMEX paper market fragility risks triggering systemic failure25:12 Fed prepares US Treasury gold price adjustment amid leadership change29:59 Question from Kerry: Smaller nations adopting silver as reserve asset?32:05 LBMA losing grip, real silver price emerging globally_______________________________________________________________Sign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_237Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoneyThe opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.
In this week's Live from the Vault, Andrew Maguire and Craig Hemke question whether Middle East tensions are being staged to distract from China's trade corridor and the BRICS summit—both signalling a deeper shift towards physical settlement.Craig flags the return of headline-driven market volatility under Donald Trump, with both experts reaffirming that the long-term fiat collapse is now exposing the flaws in the paper gold system, prompting a global pivot towards transparent, physical trading.Check out Craig Hemke: https://x.com/TFMetalshttps://www.tfmetalsreport.com/Watch The biggest gold and silver swindle of all time...https://youtu.be/ALZP8twExEU_______________________________________________________________Timestamps: 00:00 Start01:07 Are Middle East tensions a smoke screen for BRICS and China's trade corridor?08:08 Basel III cracks paper gold, physical markets take control16:41 EFP collapse signals end of paper gold pricing dominance23:54 Central banks scramble for gold as global debt explodes32:18 Physical silver pricing breaks free from paper market control40:08 Silver's moment: Inertia breaking to new highs50:09 Collective power drives fair precious metals pricing56:15 Are silver and gold primed for an unstoppable breakout?_______________________________________________________________Send your questions to Andy here: https://www.speakpipe.com/LFTVSign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_229Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoneyThe opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.
Tom welcomes a new guest Eric Yueng to explore the current state of the gold market, focusing on the LBMA's physical delivery delays, the surge in physical gold demand at the COMEX, and the implications for investors. Yueng explains that the London Bullion Market Association (LBMA) has seen significant delays in physical gold deliveries, increasing from T+2 or T+4 to T+30 or even T+60. This has led to a surge in physical gold delivery requests at the COMEX, with volumes reaching 15 times normal levels in December and January, and continuing to rise in February. He attributes this surge to investors seeking physical metal rather than cash-settled contracts, driven by concerns over the LBMA's ability to deliver. Yueng discusses the role of exchange-for-physical (EFP) trading pairs, where arbitrageurs typically profit from price differences between COMEX and LBMA markets. However, the current demand for physical delivery has disrupted this mechanism, potentially leading to a "short squeeze" as those unable to secure physical gold are forced to cover their positions at higher prices. He suggests that large institutions, possibly acting on behalf of the U.S. government, are driving much of the physical gold demand. This aligns with reports of significant imports into the U.S., which he believes could be part of efforts to repatriate gold ahead of potential audits or revaluation. Yeung also touches on the role of exchange-traded funds (ETFs) like GLD, noting that borrowing rates have surged as institutions withdraw physical gold. This, combined with the LBMA's reported attempts to borrow gold from foreign central banks, highlights growing concerns about the availability and allocation of physical gold. Looking at China, Yeung notes that the country is preparing for higher gold prices through initiatives like the Gold Accumulation Program, which encourages retail investment in physical gold, and allowing insurance companies to invest in it. These moves are expected to significantly increase institutional demand for gold in China. Yueng contrasts this with the West, where sentiment toward gold remains lukewarm despite high prices, partly due to competition from cryptocurrencies. He predicts that if gold prices continue to rise, particularly beyond $3,500 per ounce, there could be a significant shift in investor behavior and increased demand for mining stocks. Finally, Eric addresses silver, suggesting that its price suppression may end as the U.S. seeks to support domestic mining interests amid manufacturing reshoring efforts. He highlights the growing deficit in silver supply and questions the LBMA's reported inventories. Time Stamp References:0:00 - Introduction0:40 - EFP Premiums & LBMA3:44 - Demand & Deliveries9:19 - Who's Long/Short10:38 - U.S. Taking Delivery?17:53 - Remonetizing Assets?19:40 - ETFs & GLD Demand23:52 - LBMA & Availability26:48 - Change in U.S. Policy28:25 - China's Gold Strategy33:14 - Sentiment West/East36:43 - Expectations for Gold40:07 - Demand & The Miners42:05 - Margins & Sentiment45:37 - China & Silver Suppression51:13 - Wrap Up Guest Links:X.com: https://x.com/KingKong9888
Tom Bodrovics, welcomes back Jeff Christian, Managing Partner of CPM Group, for a thought-provoking episode. The conversation begins around the far-reaching implications of tariffs on markets, industries, and economies. Tariffs are not one-size-fits-all, with their impact hinging on both the specific country and metal involved. Jeff expresses his disdain for tariffs, citing their detrimental effects on economic activity and inflation. The Smoot-Hawley Tariff Act of 1930 serves as a cautionary tale, illustrating the devastating consequences on imports, exports, and both the US economy and the global marketplace during the Great Depression. The threat of retaliation could trigger a US recession, while gold and silver might experience heightened demand due to market uncertainty. Tariffs involve importers bearing added costs, instigating inflation, complicating international trade, and affecting base metals. Two potential solutions for government funding - Value Added Tax (VAT) and gold-backed bonds - are examined, yet concerns over regressiveness, economic downturns, and practicality linger. Central banks have turned to gold as a means of securing dollar reserves amid past economic instability under the gold standard. Recent geopolitical developments have prompted some Eastern European countries to stockpile gold for safety against external pressures like Russia. The surge in demand for physical gold within the US is accompanied by a transition from London to New York, giving rise to borrowing and EFP premiums as markets grapple with economic and political uncertainties. Jeff discusses the problems inherent in all financial system and why those problems would also exist under a gold standard. He argues that the Fed has played an important role in reducing the severity of economic contractions. However, he cautions that the only financial system in history that has not failed is this the current one. Time Stamp References:0:00 - Introduction0:50 - Tariff Discussion12:10 - Impacts on Metals?14:38 - Various Scenarios19:58 - Inflationary/Recessionary26:03 - Fast Track U.S. Industry?28:13 - Effects on Currencies?31:13 - Recession Outlook?36:00 - Appalling Statistics38:00 - Income Tax & Trump42:07 - A Gold Backed Bond?45:49 - Fed & Depressions52:13 - C.B. Gold Reserves56:39 - CPM Client Concerns?59:55 - EFP Premiums & Supply1:07:48 - Reality & Forecast1:10:00 - Wrap Up Talking Points From This Episode Tariffs' detrimental effects on economic activity and inflation are discussed, with Smoot-Hawley Act as a historical reference. Central banks turn to gold as a hedge against economic instability; some countries stockpile for geopolitical safety. US recession potential and increased demand for gold and silver due to tariff uncertainty. Guest LinksTwitter: https://twitter.com/CPMGroupLLCWebsite: https://www.cpmgroup.com/Questions Email: info@cpmgroup.comYouTube Link: https://www.youtube.com/c/CPMGroup/videos Jeffrey Christian is the Managing Partner of the CPM Group. He is considered one of the most knowledgeable experts on precious metals markets, commodities in general, and financial engineering, using options for hedging and investing purposes. He is the author of Commodities Rising 2006. Jeffrey Christian has been a prominent analyst and advisor on precious metals and commodities markets since the 1970s, with work spanning precious metals, energy markets, base metals, agricultural markets, and economic analysis. The company was founded in 1986, spinning off the Commodities Research Group from Goldman, Sachs & Co and its commodities trading arm, J. Aron & Company. He has advised many of the world's largest corporations and institutional investors on managing their commodities price and market exposures and providing advisory services to the World Bank, United Nations, International Monetary Fund, and numerous governments.
Scottsdale Mint: "Silver Refineries In US Are Backed Up Over 3 Months!!!" The current conditions in gold and silver continue to leave evidence of stress in the markets. We've talked about the EFP spikes, and now a large bullion dealer is reporting that the silver refineries are backed up over 3 months due to so much silver being sold back and melted down into industrial bars. There's a lot happening in the metals now, and to get caught up to speed, click to watch this video now! - To read the latest news from Silver Viper go to: https://silverviperminerals.com/news/2025/silver-viper-announces-board-changes/ To see the full interview with Josh Phair of Scottsdale Mint go to: https://www.youtube.com/watch?v=piEpQF7fcS8&t=975s - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by Silver Viper Minerals, and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-silver-viper-minerals/Subscribe to Arcadia Economics on Soundwise
Why Silver EFP Issues Aren't Going Away We've talked plenty about why the EFP spread between the gold and silver spot markets in London and the COMEX futures in New York has diverged. Although in today's show, Vince Lanci talks about why these issues aren't going away. As well as how they are set to continue to affect the precious metals markets. To find out more, click to watch the video now! - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise
Tom Bodrovics welcomes back Professor Vince Lanci, MBA Finance and Publisher of the Goldfix Substack, for a discussion on polticis and recent global buying patterns particulary in China. Specifically the significant 'Chinese whale', Zhang Kai Futures. Despite public purchases, China's government has also bought gold clandestinely through other less obvious channels. Goldman Sachs updated projections reveal ongoing gold buying by China, causing market rallies and awareness. Vince explores Exchange for Physicals (EFPs) and premium spreads in bullion banks, discussing tariff anxiety's potential impact on global physical metal flows. The EFP mechanism links London's physical market to New York's financial center, but tariffs may influence production countries and traders' choices. Gold prices are expected to reach new all-time highs soon. Vince touches on tariffs' primary impact on silver in the U.S., as a significant importer compared to its gold production. Furthermore, they discuss America's potential need to become a manufacturing economy again and Trump's plans involving factories, jobs, and exports. The challenge lies in financing this project with China no longer buying U.S. debt. Trump proposes reducing the deficit through energy cost reductions and weakening the dollar through tariffs, but that approach could lead to inflation and deficit issues. Vince and Tom discuss potential changes in government funding, specifically regarding income taxes versus tariffs. Trump intends to negotiate with other countries using tariffs as leverage for domestic job creation and foreign investment. Vince emphasizes the importance of addressing economic conflicts to prevent escalation into full-blown conflicts. Timestamp References:0:00 - Introduction0:43 - China's Gold Whale12:38 - EFP Premiums & Spread25:00 - Supply & Net Imports28:24 - Silver Prices??34:48 - Manufacturing USA43:38 - Driving Dollar Lower47:00 - Tariffs & Income Tax54:54 - Historic Analogies58:03 - Economic World War1:00:47 - Tensions & Risks1:02:40 - Wrap Up Talking Points From This Episode China's government buys gold publicly and clandestinely through various back channels, including commercial banks and SAFE. Tariffs could significantly impact physical metal flows by influencing where silver is sourced and it's country of origin. Trump plans to revive American manufacturing through tariffs and changes in income tax. Guest Links:Website: https://vblgoldfix.substack.com/Twitter: https://x.com/SorenthekLinkedIn: https://www.linkedin.com/in/vincentlanci/Boobs & Bullion: https://x.com/boobsbullion Vince Lanci, a seasoned finance professional, has served as Managing Partner at Echobay Partners LLC since 2008. His expertise spans over three decades in metals trading, option analysis, and technology development. In recent years, Mr. Lanci's insights have been sought after by industry legends. He was invited to be a resident expert on precious metals and option analysis for Larry Benedict's Opportunistic Trader project. In 2017, he co-authored a paper on Energy Volatility with Professor Robert Biolsi at the University of Connecticut. Prior to his current role, from 2004 to 2008, Mr. Lanci served as Co-Head of Metals & Energy Trading for CiS Options LLC. During this tenure, he managed the long-short and volatility arbitrage portfolios for the parent Limited Partnership fund. From 1993 to 2003, Mr. Lanci was the proprietor of Berard Capital LLC, where he led a team of option marketmakers. His earlier career included stints at Lehman Bros and Cooper Neff from 1987 to 1993, providing him with a solid foundation in finance. In 2000, Mr. Lanci co-founded Whentech (originally named Upperhand Technologies LLC) with David Wender. As chief architect of the "Pit-Trader" user interface logic, he played a pivotal role in the company's inception. Mr. Lanci's thought leadership extends beyond his professional engagements.
In this episode, Tom Bodrovics welcomes back Bob Coleman during Trump's second term inauguration when markets are closed. Bob discusses significant developments concerning Exchange for Physical Premiums (EFPs) in precious metals markets. The increasing EFP premiums stem from tariff concerns since Trump's campaign days, causing New York futures selling and London physical buying, creating a spread between the spot price and futures price. Trump's rhetoric on fair trade and potential tariffs could impact the 'product of origin', potentially affecting short positions expecting delivery to exchanges and could lead to major losses. Bob also touches upon the lack of retail interest in gold and silver markets despite their proximity to all-time highs due to changing consumer demographics, unregulated industry practices, and misleading sales tactics. He further discusses potential implications of tariffs on precious metals markets and the shift towards physical metal becoming a more price-dominant theme. Additionally, they explore the impact of investor behavior and supply constraints on platinum and potential implications of the U.S. administration's involvement in cryptocurrencies. The conversation also highlights increasing demand for precious metals during the Democratic administrations due to concerns over spending and taxes, potential effects of tariffs on the financial system and gold market, volatility in the economy, and central banks' actions as significant themes for 2025, and the possibility of creating stablecoins backed by precious metals. Time Stamp References:0:00 - Introduction0:38 - Trump, Trade & EFP5:22 - Tariffs & Origins10:28 - 50+ Year EFP Chart17:30 - EFP Premiums & Covid20:14 - Retail Precious Metals25:45 - Gold & Silver EFP?29:15 - Platinum Markets33:18 - Metals Vs. Meme Coins37:10 - Crypto Credibility39:37 - Monetary Restraint44:55 - 2024 Physical Demand47:13 - U.S. Tariffs & C.B. Gold50:07 - Uncertainties & Wrap Up Talking Points From This Episode Tariffs could drive up EFP premiums in the precious metals market, leading to significant losses and tightened liquidity. Changing consumer demographics, industry practices, and sales tactics decreased retail interest in gold and silver markets despite high prices. Potential tariffs, investor behavior, supply constraints, and U.S. involvement in cryptocurrencies could influence metals markets and trends for 2025. Guest Links:Twitter: https://twitter.com/profitsplusidWebsite: https://www.goldsilvervault.com/Presentation: https://www.goldsilvervault.com/blog/deciphering-the-complex-world-of-precious-metal-derivatives-ucits-and-the-shift-from-physical-to-paper-gold-silver Bob Coleman is a Registered Investment Advisor since 1992. In 2001, he founded Profits Plus Capital Management, LLC (RIA) and Dollars and Sense Growth Fund. Recognizing the necessity for physical metal storage, he founded Idaho Armored Vaults and Gold Silver Vault in 2008. They are a distinguished and respected leader in the precious metals industry specializing in storage, transportation, shipping logistics, and security.
"Seems To Be A Scarcity Of Available Stocks In Both Gold & Silver” | Former JPM Managing Director We've been talking about the swings in the gold and silver EFP spreads over the past few weeks, and today we have the following comment from former JP Morgan precious metals managing director Robert Gottlieb: “The markets are in total dislocation. There seems to be a scarcity of available stocks in both gold and silver.” So in today's show we dig into that one and more, and to find out why he's saying that, click to watch the video now! - To find out more about Fortuna Mining's 2024 production figures and their 2025 guidance go to: https://fortunamining.com/news/fortuna-reports-record-production-of-455958-au-eq-ounces-for-2024-and-provides-2025-outlook/ Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by Fortuna Mining, and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-fortuna-silver-mines/Subscribe to Arcadia Economics on Soundwise
Gold and Silver Futures and the EFP Market Explained The gold and silver EFP market has been in the news quite a bit over the past few weeks. And if you're still not sure what EFP means, or have questions about how the basic setup of the COMEX futures works, Vince Lanci has you covered this morning. To find out more, click to watch the video now! - To read the press release from First Majestic Silver about the completion of their deal with Gatos Silver go to: https://firstmajestic.com/investors/news-releases/duplicate-first-majestic-announces-shareholder-approval-in-connection-with-gatos-silver-acquisition - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by First Majestic Silver, and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-first-majestic-silver/Subscribe to Arcadia Economics on Soundwise
“The Silver Market Is Sleepwalking Into A Squeeze Right Now” Last year a TD Securities analysts wrote a report about why he's expecting the next silver squeeze. And after the EFP premiums blew out in the gold and silver markets, he just said 'the silver market is sleepwalking into a squeeze right not.' We're starting to see the impacts of some of Trump's policies already, even before he's taken office. And in an already fragile silver market, there's stress in the market. To find out more, click to watch the video now! - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise