Bob Coleman: Gold, Silver, Platinum, Basel III & Financial Instability

Tom Bodrovics welcomes back Bob Coleman of Idaho Armored Vaults to discuss silver market dynamics, geopolitical tensions, and precious metals trends. They start by analyzing the recent 5.5% rise in silver prices, attributing it to Trump's tariff announcements and the impact on COMEX short positions. Coleman explains that the silver market is experiencing a squeeze due to excessive short positions, with traders struggling to unwind contracts as physical demand grows.

The conversation highlights how managed money, including hedge funds and commodity trading advisors, has been forced out of long positions during market sell-offs, leaving shorts dominant in certain markets. This dynamic creates upward pressure on prices despite weak retail buying activity. Coleman notes that high-net-worth individuals are increasingly turning to precious metals as a hedge against economic uncertainty, though physical demand remains subdued compared to past cycles.

They also explore platinum's 15-17% year-to-date gains and its potential for further growth due to supply constraints and rising industrial demand. The discussion touches on the delayed implementation of Basel III regulations, which have reduced bank activity in unallocated precious metals, and the growing role of stablecoins like Tether in the Treasury market.

Coleman emphasizes the importance of physical ownership over derivatives or structured products, citing risks such as nationalization of storage facilities and geopolitical instability. He advises readers to review storage agreements and terms of service to avoid hidden counterparty risks. The interview concludes with a focus on long-term trends in precious metals, driven by inflation fears and central bank policies. Bob urges investors to stay informed and cautious about market manipulation.

Time Stamp References:
0:00 - Introduction
0:32 - Silver & Recent Moves
4:58 - 2025 Open Interest
7:51 - Banks & Big Buyers
11:00 - Platinum Outlook?
14:10 - Shorts & Supply
18:10 - Inflation & Deflection
22:07 - Platinum Tariff Exempt?
23:58 - Basel III Details
28:13 - Stablecoins & Tether
34:48 - ECB Gold Mkt Warning
37:19 - Cad Mint Storage Terms
40:45 - Retail Bullion Demand?
46:02 - Manipulation Concerns?
49:53 - Biggest Market Movers
52:38 - Long-Term Big Picture
53:40 - Wrap Up

Guest Links:
X: https://x.com/profitsplusid
Website: https://www.goldsilvervault.com/

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.