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Silver Is Selling Below Its Own Spot Price, and Dealers Say That's the Tell | Rich Checkan
Description
Gold just had its worst quarter in over a decade, and the man who moves real physical metal across the counter says buyers did the exact opposite of what makes sense. When the metal went on sale, they walked away.
Rich Checkan, President and COO of Asset Strategies International, has spent 30 years on the order counter, the buying, the selling, the panic that never shows up on a price chart. He joins Kitco News from the Rick Rule Symposium 2026 for a ground-level read on what retail actually did through the sell-off.
Checkan argues that "gold goes on sale and everybody stands on the sidelines, or they divest," and says contracting premiums and junk silver selling below spot are the real tell of "a hated market," not an overheating one. He lays out the one question every buyer should ask before handing over a dollar, warns which dealers to run from, and explains why he still calls physical metal "the most liquid asset on Earth."
Recorded July 07, 2026.
Special thanks to our sponsor, Aris Mining, for making this coverage possible. To learn more, visit: https://www.aris-mining.com/
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01:52 - Why Buyers Vanish When Gold Dips
03:12 - Who's Buying and Who's Selling
04:49 - Liquidity Selling and Real Inflation
05:51 - Premiums: The Hidden Market Tell
07:02 - Silver Inventory and Shortage Myths
08:07 - New Gold Buyers in the Bull Market
09:19 - How to Buy Physical Gold Safely
10:25 - The Buyback Rule and Bad Dealers
11:24 - Why Buying Physical Gold Is Easy
13:17 - Why Gold Beats Real Estate on Liquidity
#Gold #Silver #PhysicalGold #PreciousMetals #RichCheckan #KitcoNews
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco N