➡ The article discusses the recent increase in silver prices, which could be a response to a 6% inflation rate. The author, Chris Marcus, and his guest, Kevin Yates, discuss the volatility of silver prices and the impact of inflation on the economy. They also touch on political issues, such as President Trump’s stance on American finances and Iran’s nuclear program. The conversation ends with a discussion on the potential consequences of inflation for the average American.
➡ The discussion revolves around the current economic situation in America, with concerns about new tariffs, trade uncertainties, and the impact on the U.S. dollar. The rise in U.S. bond yields and inflation rates are also highlighted as potential issues. The conversation also touches on the global silver market, noting a shift towards the East, particularly the Shanghai Metals Exchange, and the potential impact of tariffs on strategic minerals. The speakers express concern about the availability of silver and the strategic supply of it in the U.S.
➡ A significant increase in China’s silver imports has been observed, but its connection to the Shanghai spread is unclear. Meanwhile, an event called the Mile High Music Metals and Arts Symposium is being organized in Denver, Colorado, where attendees can learn about precious metals, purchase them, and enjoy live music and art. The event will also be live-streamed for those who can’t attend in person.
➡ A gathering of silver market experts, including enthusiasts from YouTube and the Osmium Institute from Germany, is set to happen. The event, sponsored by Kuya Silver, will feature discussions on a new precious metal and the current state of the silver market. Attendees can expect to learn a lot, enjoy food and drinks, and have a great time. The event aims to help people understand economic changes and not fear them.

It’s possible silver could be responding to 6% inflation. And with all that said Kevin, look at that, we got an $88 silver price. Well, hello there my friends. Chris Marcus here with you for Arcadia economics on Wednesday, May 13. Quite nice to be back, as you may have noticed. Took the week off last week for the first time in quite a while and figuring out what our schedule will be going forward. Maybe not every day, but quite excited to be back here with you tonight. And as we take a look here, we see inflation has something to do with this.

And as my guest, Kevin Yates, aka Long Lived Coins on YouTube and I will dig into, Kevin, there’s it’s possible silver could be responding to 6% inflation, which JD Vance says is not a problem. Of course, Trump said he didn’t care about the American finances is not important unless he gets the nuclear material out of Iran, which everyone on his staff said was not a threat anyway. But we’re two weeks away, I’m sure. And with all that said Kevin, look at that, we got an $88 silver price which is quite stunning, especially like there you go back on May 11, which was Monday, we were down at 80 bucks.

Now we’re at the 88 level, just like my new Jets Arcadia jersey, which I’m quite proud of. So quite a bit happening. Along with that, we will also talk about the gold price was up 10 bucks today, just under 4,700 in the futures and a whole lot more. But Kevin Yates of Long Live Coins that I know many people have seen your channel and your great videos. I’ll pull that up for second here so people can be familiar with the great work you do. Anyway, Kevin, it’s a pleasure to have you on here and talk some gold and silver in the midst of a fascinating time on planet Earth.

And how are you, my friend? I’m doing great. The pleasure is all mine. Thanks for having me on your channel. Longtime fan. Well, it’s an honor to have you here and let us start right in because I mean it’s been quite, quite a run for silver past couple months, past year. It. Kevin, does it almost feel like a dream sometimes when we think like, oh yeah, that was just less than four months ago when we had 121 silver. A lot of volatility since then. The low point I saw was 61.20 in the futures. Yet here we are back up to 88.

And as you can see, we did cross over 90, got up to 9010 in the silver futures today. But any thoughts you have on this rally that seems a little counterintuitive based on the way things have traded since the war broke out. I don’t recall Trump winning the war again several more times this week, which could have accounted for such a news. But what, what would you say there, my friend? Yeah, well, that’s. It is kind of a tough one. I’ve been on my channel kind of expecting a run in silver. That’s why I started my channel.

Of course, it’s mostly from following your channel for years, but, yeah, I’ve been looking into it for, for quite a while here and I’ve been expecting it to run up. The big question I had in mind was it, will it be a slow, gradual or will it jump up like we just witnessed in the last few months? And I was warning on my channel that I was worried that it may jump up like this. And for a lot of stackers like myself, that’s kind of, that’s kind of a worry. Right? If you haven’t been stacking for long, you don’t really want to see these gigantic shocking moves because, you know, then you’re, then it’s a little bit more pricey to start your stack.

So the, the, you know, the run up to 120, that was quite impressive. It happened probably even a little faster than I was expecting, but I did think that was possible. Then with the sharp pullback to 75, a lot of people were saying, oh, but it crashed back down. Well, it did crash back down hard to 75, but when it started at 30, that’s not a, that’s not too bad of a drop back for, for me. So, yeah, there, there we are a year ago at 31 bucks. So as you pointed out, I think it’s funny, no matter what the price of silver is, there’s some silver investor who manages to be, unh, one way or another.

Although, and I get it, you know, the price was 121 then. Now we’re, we were at 88. It is the thing like I personally, and I don’t, I don’t hear, I don’t listen to the like angry, bitter, disgruntled silver investor anymore. You’re, you get, if you go sell it today, you’re still getting that higher price. You’re not getting the 30 bucks. So I mean, if you can’t be happy with that, not sure what to tell you. Although, Kevin, in the midst of that, we had some stunning inflation again. Here’s CNBC this morning. We got 6% PBI.

I mean, that’s Kevin, could you maybe help me out here? I believe 6% inflation would be above the Fed’s 2% inflation mandate. Is that what your math gets to. Yeah, it’s probably a bit harsher than that in my mind, but I’ve heard that 5% alone is too, too much for us to handle. So. Yeah, this is interesting to see the official rates at this, at this level. Well, the Federal Reserve says 2% or anything above that is too much to handle. And I might add that now as we are In May of 2026, we’re five years and one month since the last time the inflation actually came under that completely arbitrary and already ridiculous mandate of 2% to begin with that even Paul Volcker and Alan Greenspan Brand called complete horseshit in their own ways.

But what’s amazing is that J.D. vance, who I might add, I don’t this is like a little out of my area of expertise, although more than one person in the past week has commented on they, how they don’t like how he wears eyeliner. And I’m like, there’s something that looks kind of weird here, but we’ll leave that aside and we won’t play. JD well, unfortunately we have the quote here. What’s your message to Americans as the work continues to impact the economy, especially after yesterday’s inflation inflation report? He says we inherited a very bad inflation crisis, which, well, that’s, I guess, technically true.

Although if you play the clip, he says we’re not seeing anything like we did under the Biden administration. Now, I don’t know if he actually saw the reports that came out this week, although as I suggested here, if he’s not seeing anything yet, keep the street closed and soon even him and Trump won’t be able to miss it. And it’s there for anybody else who cares to check. I’m sure people are seeing things reflected in the pricing already. But Kevin, are you as confused about inflation as the Trump administration seems to be, or they say, I saw Trump actually there was some quote yesterday where he’s like, well, it doesn’t matter about the American work.

And I’m like, that’s what I was like job it is to tell him like, don’t, don’t, don’t say it like that. But what do you, what would you say to, to people who are, have been concerned about inflation and rightfully so? Yeah, well, I’ve been expecting this with inflation as well. And yeah, Trump and his presser, I believe it was yesterday when they asked him about the inflation and the price grocery prices. And he said he did not care. He did not care at all as long as Iran doesn’t get nuclear weapons. But even though we were supposed to have obliterated them already, that’s still his concern.

And he doesn’t seem to care what we think or how we feel about inflation, which is right. Right in line with what I would expect them to say. Kevin, I’m sorry, I got a. I got to call you out here, though. This is from the White House last year. Iran’s nuclear facilities have been obliterated and suggestions otherwise are fake news. Trump doesn’t like that, so you better stop it right now. We’ll ignore the whole Joe Kent thing or the myriad of other officials who said that there was no substantial evidence of nuclear progress. I guess we could ask.

Netanyahu has been saying it’s two weeks away for believe I’ve seen as early as 1996. So that’s 30 years two weeks ago away. But it seems like, I guess here’s the other thing that factors in. I’m like, this reminds me like of 20 years ago. We had Iraq weapons of mass destruction. Like is. It’s like anyone else seeing the similarities here. Yeah, yeah, yeah. With Iran. That’s something I had brought up on my channel before the war kicked off that, you know, and I’m sure you’ve heard it, that the list of. Of seven countries that we planned on toppling the old PCK document.

Yeah, yeah. So not surprised to see us rolling into Iran. It’s a little bit late per the schedule, but it seems that they’re still on that schedule. You know, and from, from what I see, sadly, you know, it seems like we’re doing everything we can to kick the legs out from under America and you know, with the, with the new tariffs and the trade being in question and then, you know, the Strait of Hormuz with oil and our last connection with the petrodollar. This, it’s. This is not good news for, for America in my opinion. But.

But it’s kind of the path that I thought we were gonna see ourselves on. Well, I agree with you. Unfortunately, in this particular case, also not good news for Americans or the Trump administration or really anyone involved in this is that we’re seeing, especially since the repeatedly ended war has not ended. The rise in U. S. Bond yields is also kicking back up. We saw that spike. Here’s where the war began. And we saw a spike back up to the four mid-440s came back in a bit as Trump completed repeatedly Solved the war and then is now back up at 4:46.

I would suggest this is actually the real report card of how things are going and obviously we have the whole debt situation which when you have rising rates in an economy that’s already as inflation soaring, I mean that, that PPI reported 6%. I mean they could say they inherited an inflation crisis and Biden was worse. But when you get PPI at 6% you’re not far off anymore. Yeah, that’s, that’s for sure. I don’t know if you, how much you follow the, the official PPI or what do you look at, what is it shadow stats much? I used to look at shadow stats all the time.

I mean now I guess after, I think I’m in year 17 now of gold and silvering and it’s like at some point you know enough to know that they’re silly and ridiculous and you plan your life around it and don’t have to sit there and check to the decimal point each month. But yes, obviously if you look, if people look back to the Boskin Commission which was I believe in the late 90s when they changed the formula, one of many times they changed the form formula. You even had Obama come out at one point and citing as his plan for deficit reduction was to change the CPI formula so they could stiff the retirees.

And I’m like, it’s like they, they don’t hide it if you’re looking. So anyway, we will leave that aside. But Kevin, I want to go back to silver for a second here because now on one hand I think people, some people are excited silver’s up, some are maybe pissed off they can’t get it cheaper. Yet Here you have 88 bucks in the futures in New York. Although on this move we’ve seen that Shanghai spread widen back up over 10 bucks. This is the first time in quite a while I’ve seen it over 11 bucks maybe since, since it was coming back from a buck 20.

I would suggest that in the end, if you want to know why Silver went to 120, why it hasn’t come back down, look at this spread. This is the heart of industrial use. Spread hasn’t gone away. This is not normal when you have this. I mean. So I think that the things we’ve seen in silver like this hasn’t gone away. And I might add somewhere up here I have some stories. That thing with India where they had this customs thing now they just jack their import taxes but they had a backlog here. Appears to still be quite Fragile to me.

Yeah, I think the, the market is shifting. I think it’s, it’s going east. You know, Shanghai Exchange, I mean, that’s, I’ve been watching that for quite a while. And to see, you know, the premium stay high there, I mean, it’s fairly obvious to me. And what, we have another one, I think in UAE or something that’s coming up in my. Is that right? In terms of what specifically a metals exchange. As far as we got the Shanghai Metals Exchange, I think pulling the market towards itself. And then I also heard we have another trading platform coming up over in the UAE or somewhere in that area.

I’m not, I’m not exactly sure, but yeah, I think the trade is being pulled away from us. The, the cards, the manipulation cards, I guess you might say, I think are slowly going east. Well, I mean, it makes sense. I mean, it’s like we were already seeing the division of the world progress before everything that’s happened over the past two and a half months. Now I’m hard pressed to find a way that doesn’t just get accelerated. You know, we have strategic stockpiles. And then here’s what I was mentioning just a moment ago. I mean, you had Modi from India come out a couple days ago, basically pleading with people, stop buying gold.

We got to save our foreign exchange rate. And I find that usually when a government official does that, like whatever they tell you to stop buying, the people rush out to buy it. Like toilet paper. At Costco here, standstill in India, gold imports drags on. Now, they just addressed that today by jacking up the import taxes back up to 15%, which is the rate they lowered it from two years ago down to 6%, which created a surge in gold and silver. I think what we can safely say is it’s a bit of a clusterfuck out there.

Is that the correct terminology on such a thing? Pretty fitting, yeah. And then meanwhile, Kevin, any thoughts on that old comex where ever since London got popped back in October of last year, we’ve seen that metal come out. It is continuing to come out again, just to be fair. Are we in? It’s like on one hand. Could you call it a run on the comex perhaps? I mean, because you look, you see how much came from 531 million ounces down to today’s 313. That the sharp drop. I think there might be one that was more sharp than that.

If you look down some of these. Actually, probably not at this point. We’ve probably beaten that yet. Here’s the thing as, as compared to other times, we still have a lot more metal than has traditionally been in there, largely because of all the metal that came in ahead of the tariffs last year. But I mean, we’re seeing metal come out of here, we’re seeing it go to China. We’re seeing the spread wide doesn’t. And in the midst of wars, flaring up divisions of the world, strategic stockpiles. And if I may add one last part into this, I don’t even know if this is a question or just a very long thought that hopefully you’ll indulge me and give me some feedback on complete rumor mill.

But as I was talking to a couple folks this week saying, hey, why, why is silver up so much? There’s apparently, and I’m not saying this is accurate, but there is apparently talk in the rumor mill that people are wondering if Trump is now going to tariff the strategic minerals, which would seemingly make it harder and more expensive to get the things that you’re saying are in short supply, although, which would seem, at least from my economic textbook, somewhat counterintuitive. Now, I did go to Wharton where they teach Jeremy Siegel and Fed Keynesian economics. So obviously we know that’s all bullshit, but I mean, that they would tariff, I would say that would be insane and impossible, except we just did see them address the closure of the Strait of Hormuz by closing it harder.

So can you help me understand any of it, please? Yeah, I don’t know if I can. I can help with that. It’s, it’s, you know, it goes against what you would want to see. You know, in my, in my understanding of things. You brought up the strategic supply, which is for me, a great big question. I wish I had a better understanding of our, you know, extra stockpile of silver because, I mean, to me, that’s, that’s where we need to be focused. We’re what, six going on seven years of. Kevin, I think our extra stockpile of silver is what you have on your desk.

The government doesn’t have one anymore. Well, I don’t know. I’m, I’m working on it anyway because I, because I am a little bit nervous about, you know, what we have for a strategic supply. And China, like you say, as far as the trade goes, I’m hearing that China’s not letting anything come out when they are the biggest receiver and importer of China of silver and gold, and yet they’re not selling it back out, from what I understand, or at least not very readily. So, yeah, it’s looking backwards to me. Well actually let me pull this one up here because in terms of China and silver, I mean I think like what we’ve already discussed here lays out a case where it’s like maybe want to keep your eye on that.

I don’t know, like ignore it and maybe it’s not important but it could, could like have someone look into it yet. Here was the thing. This came out, this was last month. Now this came out on April 20th. I’ve been waiting for the new numbers. I guess we’re probably sometime next week. But here were China’s silver imports. Now all these different colored lines. You see this one, the peak there was that green one at 455 tons. But I mean basically this, this counts for the last 10 years month by month we’ve basically rarely got 455 is the peak.

Then they just posted an 836 burger last month which seems like a big jump and I’m sure has absolutely no correlation to that Shanghai spread. Most likely completely unconnected. And anyone who would suggest such a thing is a conspiracy theory FL fool of the greatest degree. But that, that’s a big divergence. One would say. No, that looks crazy. And Kevin, I guess, you know, it’s like at the end of the day, silver this, bond yield that, you know, what’s the average person actually supposed to do? Although fortunately kind of like field of dreams. I heard there’s a place that especially, especially for all those people who have felt like well I see this.

I like watching YouTube and the Internet to find others. Yet in every day to day life, hard to find someone else who’s seeing the same planet that you and I seem to be on. Although I did hear another market rumor that you have taken some action and done something about this. Can you confirm or deny this? Confirm that maybe there’s something to do about it. Yeah. You can come to the Mile High Moss here in Denver, Colorado and you can witness Chris of Arcadia Economics on the, on the guitar and I believe debuting vocally as well.

And he’s going to have a great accompanying band. There’s going to be silver and gold available for sale, some other precious metals, unique metals. Yeah. And there’s gonna be some, some art. Should be a great atmosphere to come, learn about the metals. Build your stack up a little bit because I believe we’re headed back up towards breaking that, that spike high that we had of 120. So it seems like the market is rallying in anticipation of your event. I would say that could be the likely cause. $9. Just in response to the Mile High Music Metals and Arts Symposium, which like you mentioned, I’m quite excited to be at now I might add for some of our audience and fan members, there’s a little bit of a harder sell.

Kevin, you put some wine and beer in the picture. I hear people can even get a free glass of wine if you come join us in Arvada right outside of Denver next week on Wednesday, May 20 and Thursday, May 21, which we’ll be talking a lot about gold and silver, as you mentioned. I’m quite excited. I think many people know I’m a musician and starting the next leg of the journey. So it will be quite an exciting show and I was really honored to have you invite me there and link to this in the description field below.

Kevin, I hear you’re. Are we on track to live stream stream some of this? Yes, I believe I will be live streaming and recording both. So I think you’ll get to see some of it live during the event and then we will have outtakes of course afterwards as well. Yeah, if you don’t mind trying to scroll down a little bit there, I think that we will. A little bit further, a little bit further. Keep going, keep going. Oh, it’s not going to be there. Well, if you, if you go click into it. Yeah, we’re going to have, there’s actually going to be a local wine and coffee distributor.

They make their own wine and, and I don’t know, I’m not sure where they’re getting their coffee, but they do have their own line of coffee as well. And I’ve got some. Yeah. Some local vendors joining us. So yeah, come get a, get a free sample of wine and see which bottle you might like to buy. As well as along with the metals, there’s going to be some ancient artifacts, ancient coins and also an artist painting live to the live music. So it’s, there’s going to be plenty of things I think to keep, keep you interested and excited and, and amazing things to view here.

I think it will be a good time with lots of eye candy for you. So and, and also plenty of items available to pick up as well. So. Well, I think so. And I guess in honor of that I’m gonna have to bring my immortality coin, which I love very much because if you can see here with my black light pen, this baby actually glows in the dark. Plus, Kevin, there’s a chance they had. These coins are incredible. This is the Polish mint. I somehow found some of these a couple years back I had the 2016 speed of light coin which also glows in the dark, is super cool.

Although when I was in Mexico there was my local margarita maker back in my margarita days. A lot of sugar in that as I think about it now. Yet either case, I made it. There was another guy I ran into did wraps so he made it into a medallion necklace and I gave it to this guy. It was really cool, although I didn’t have one. So finally I bought one of those and I think it’s on its way so I’ll bring some cool stuff. Awesome. I might add it looks like Ben wants to come. So if anyone wants to come pet his big bald forehead, he’ll be there.

Although even better than petting Ben Nibbles, are you in on this one? Nibble said he didn’t want to miss the concert and being petted by Kevin and the cool people that you have coming to the event. So Nibbles the dog also going to be in attendance. And I would just add that I, I know one of the things that I’ve heard in the years that I’ve been doing this, people say it’s like I love the medals but hard to find people in in person that are seeing the same thing. And especially it’s interesting what happened with the price this year because we had 120 bucks into January.

Then it comes down and I think in February was when Epstein files are coming out. Then you have a war a couple weeks later. So it’s almost like easy to have forgotten about it yet. I personally think if you’ve been following this stuff for a couple years or decades, it’s important to celebrate when things go well. So I really thank you for putting this event together which I’m quite excited to be joining you guys for. And Kevin, perhaps just in wrapping up again the link to the event in the description field below. It’s free to attend and come on by even if you’re outside of Denver and get on a plane or I’m gonna be driving over there from a different state and will be well worth it.

And perhaps they could listen and learn about gold and silver from the Long Lived Coins channel that you run on YouTube. And maybe you could just tell people a little bit about that before we wrap up. Yeah, well, it’s my channel. As you know, a lot of it’s taken from the inspiration I’ve gained from Chris, watching him over the years. Lots of, lots of great analysts out there in the silver and gold market. I started this channel with, with inflation in mind. And I just wanted the people to be aware of what was happening. I do think, sadly, that inflation is going to continue, meaning the metals are going to suck up the value out of the thin air that the Fed has been printing.

And I, I think, I think that’s, that’s going to be the key. Yeah, come check us out on May 20th and 21st. It’s going to be located in Arvada. Basically, if you make it to Denver, Colorado, just hit me up@longlivecoins Gmail.com go to my YouTube channel. All the information will be there. It’s at YouTube Long Live Coins. And yeah, just hit me up long livecoins gmail.com with any questions you have and we’ll take care of you. Well, There you go. 6660 Wadsworth Boulevard in Arvada, May 20th and 21st. The Arcadia Band playing May 20th. Quite excited about that.

Kevin. One last final note. Someone who I know wanted to come is not going to be able to make it, but certainly Kuya Silver, one of the proud sponsors that helps bring us this show and certainly quite an intriguing situation they’re in, especially with that 88 silver, which let me just say again, is extremely good news for companies like Kuya Silver. I know David Stein, he did want to attend. Not going to be able to make it. But, but if people have questions about Kuya, certainly I’ll be happy to talk about that there. I don’t know if you still have me giving a gold and silver talk.

I think we have some Q and A in there as well. Kevin. Yep, yep. There’s going to be, there’s going to be silver talk from several people who know the market very well. So yeah, from Arcadia to we also have some an osmium institute from Germany covering a new unique precious metal coming over. And then I have more fellow YouTube coin enthusiasts going to be there joining us as well. So there’s going to be an array of knowledge and yeah, Chris Marcus himself. Hopefully I’ll be getting an interview in with him there. So plenty of good information, plenty of good times, drinks, food, come check it out.

Well, I’m looking forward to it. And again, Kuya helping to make my show possible and my involvement in the event possible, certainly in a quite an intriguing position. We’re going to have David Stein on in the next couple of weeks. I think people should hear the multiples, just like even whether silver goes up and down. If you look at some of the multiples being applied to other silver producing companies and then what’s being applied to Kuya leaves intriguing situation. So thank you to Kuya Silver. And Kevin, thank you for putting on this event. I’m really excited about it and hope to see a lot of people there.

I know we’ll have a great, great time. And with that said, hope everyone has just had a wonderful day, enjoying watching the silver price go up. Hopefully for those of you wanted to buy more and you’re upset that silver is getting expensive, you can hopefully have a couple ounces that already are doing well. And with that said, Kevin, thank you again. Really appreciate you. Not just the event, but also anyone who takes the time to share what’s going on economically are seeing changes in the world. I don’t think people have to be afraid of them if you understand what’s coming.

And thanks to folks like you, Kevin, providing solutions to make that possible, there is a way. So with that said, we’ll wrap up and Kevin, I will see you in a week, buddy. All right, sounds good. Thank you very much, Chris, Sam,
[tr:tra].

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