{"podcast":{"title":"SD Bullion","slug":"sd-bullion-6239204","podcast_index_feed_id":6239204,"rss_url":"https://sdbullion.podbean.com/feed.xml","website_url":"https://sdbullion.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/12332804/rssfeedimage-min.jpg","author":"SD Bullion","episode_count":100,"summary":"A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. Every week James posts new episodes discussing the latest news in the precious metals markets with the goal of providing valuable information to precious metals newcomers and veterans alike.","last_synced_at":"2026-07-26T12:19:46.467482+00:00","page_url":"https://stenobird.com/podcast/sd-bullion-6239204"},"episode":{"title":"Gold Holds Above $5,000 While Silver Inventories Shrink in China and COMEX and Debasement Fears Grow","slug":"gold-holds-above-5-000-while-silver-inventories-shrink-in-china-and-comex-and-debasement-fears-grow","published_at":"2026-02-14T16:36:41+00:00","page_url":"https://stenobird.com/podcast/sd-bullion-6239204/gold-holds-above-5-000-while-silver-inventories-shrink-in-china-and-comex-and-debasement-fears-grow","show_page_url":"https://stenobird.com/podcast/sd-bullion-6239204","url":"https://sdbullion.podbean.com/e/gold-holds-above-5000-while-silver-inventories-shrink-in-china-and-comex-and-debasement-fears-grow/","audio_url":"https://mcdn.podbean.com/mf/web/7wn534p476fmprge/SDB_Mkt_Update6vpvx.mp3","summary":"Precious metals markets showed resilience this week, with gold holding near $5,000 per oz and silver closing at $77.37 per oz despite a sharp, headline-driven flash crash selloff sparked by a now-denied report about Russia rejoining the U.S. dollar system. The brief volatility underscored how sensitive markets remain to geopolitical narratives, but physical demand trends suggest underlying strength. Second, tightening physical silver supply continues to stand out globally, with Chinese exchange silver bar inventories falling toward 25 million ounces and COMEX registered inventory down roughly 54% since India’s surge in imports last fall. Strong buying from Turkey, India, and robust sales at the Perth Mint reinforce the idea that retail and institutional investors alike are rotating more aggressively into silver. Finally, the broader macro backdrop remains firmly supportive of bullion, as U.S. deficits approach $3 trillion annually and total federal debt nears $40 trillion. With stock-to-gold ratios breaking down and fiscal discipline appearing unlikely in the near term, the long-term debasement narrative continues to drive strategic allocations toward gold and other precious metals. Listen this week’s podcast with an open mind — beyond the flash crash headlines and the political theater of ongoing congressional hearings, the real story unfolding in gold and silver may be far more significant than most investors realize.","meta_description":"Precious metals markets showed resilience this week, with gold holding near $5,000 per oz and silver closing at $77.37 per oz despite a sharp, headline-dr…","key_points":[],"chapters":[],"topics":[],"duration_seconds":707,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/sd-bullion-6239204/episodes/gold-holds-above-5-000-while-silver-inventories-shrink-in-china-and-comex-and-debasement-fears-grow/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/sd-bullion-6239204/gold-holds-above-5-000-while-silver-inventories-shrink-in-china-and-comex-and-debasement-fears-grow.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}