Welcome to this week’s market wrap podcast, I’m Mike Gleason
Coming up we'll hear an interesting interview with the newest addition to MoneyMetals.com's content team, columnist and gold market analyst Jan Nieuwenhuijs.
Join Jan and Mike Maharrey as they breakdown the latest on gold, why the Chinese are so secretive about their gold accumulation strategy, and what it all means for the markets. Jan also talks about the U.S. government's gold, the history of the audits that have taken place on that gold over the years and some very interesting anomalies regarding the containers held inside our nation's bullion depository and what he's found out there.
So be sure to stick around for this fascinating conversation with a man who has dug deeper than just about anyone into the amount of gold flowing around the globe and what's behind it all, Jan Nieuwenhuijs, coming up after this week’s market update.
Well, despite “soft landing” narratives in the media, bullish fervor on Wall Street, and a rising U.S. dollar versus foreign currencies, the precious metals markets continue to rip higher.
On Thursday, gold prices closed above the $2,700 level for the first time ever. As of this Friday recording, the monetary metal sports a spot price of $2,728 an ounce and is up about $40 or 1.5% for the week.
The S&P 500 and Dow Jones Industrials also managed to push to new records this week. Investors seem totally unconcerned about lofty valuations, risks to the economy, and the potential for political turmoil next month.
Stock market bulls have certainly done well for themselves. Since the pandemic shakeout of 2020, U.S. stock indexes have clobbered the returns on bonds and cash.
Those returns are far less impressive, however, when measured against gold. In fact, the S&P 500 has lost value year to date in terms of real money. Both gold and silver are outperforming equities – a fact that isn’t broadcast widely to mainstream investors.
Yet if gold’s record bull run is being downplayed, silver’s recent strength is flying almost completely under the radar of the financial media.
The silver market rallied to a multi-year high last month before suffering a bit of a setback in early October. But now silver shows a weekly gain of 4.1% to bring spot prices to $32.98 an ounce. A break above $33 could send silver running toward $35 and then $40.
Turning to the platinum group metals, platinum is gaining 2.4% to trade at $1,025. And finally, palladium is up 0.7% in this week’s trading to come in at $1,112 per ounce.
In other news, the sound money movement continues to make inroads both legislatively at the state level as well as in the national discourse. The efforts of the Sound Money Defense League, Money Metals Exchange, and our customers have helped push several states over the past few years to end taxation on bullion purchases – with some taking further steps toward recognizing gold and silver as legal tender.
Meanwhile, harsh economic realities have left millions of Americans frustrated with the prevailing fiscal and monetary regime. Inflation has been steadily eating away at Americans’ hard-earned wealth in recent years.
They aren’t buying the narrative now being spun by Federal Reserve mouthpieces that price stability is in sight. Nor do they believe official government statistics on inflation reflect the full realities of rising costs of living.
For these reasons, the inherent flaws of fiat currency are becoming clearer to more people – as is the need for sound money reforms.
One prominent advocate of sound money now making waves is Judy Shelton. She has served as an economic advisor to former President Donald Trump. Shelton was also nominated by Trump to a seat on the Federal Reserve Board before her nomination was narrowly derailed in the Senate.
She is out with a new book called “Good as Gold: How to Unleash the Power of Sound Money.” She appeared recently on Fox Business with Charles Payne.
Charles Payne: You've always talked about groceries and gold exchanges, haven't you?
Judy Shelton: Well, I think groceries are probably the most personal index that people refer to because then when they hear a government official, or even Chair Powell at the Federal Reserve, talk about wages having kept up with inflation, I think it comes across as, are you going to believe me or your own lying eyes? Because they really experience the inflation when they go to the grocery store. And gold, that's an interesting one because we now see people buying gold at Costco in massive quantities, and I think that that's kind of a link to reality for a lot of people. So gold is kind of a surrogate for the real economy.
It’s not clear whether Judy Shelton would have a role in a potential second Trump administration. But Trump has made tackling inflation a key part of his campaign. And he has strongly hinted that anti-establishment Democrat turned independent, Robert F. Kennedy, Jr., would have a place in his administration.
RFK Jr. has focused heavily on policies that he thinks could make Americans healthy again. He has also criticized the fiat currency system. He proposes replacing the arbitrary decrees of central bankers as backing for the currency with gold, silver, and other hard assets.
Of course, gold itself is and will remain money regardless of what direction U.S. fiscal and monetary policy heads in the years ahead.
Well now, without further delay let’s get right to our exclusive interview with a highly regarded gold analyst and a wonderful recent addition to the Money Metals research and reporting team.

Mike Maharrey: Greetings. I'm Mike Maharrey, a reporter and analyst here at Money Metals, and I'm here today with Jan Nieuwenhuijs. Over the last 10 years, Jan has devoted himself to gold market research and he has become internationally recognized as a top expert in that field. And we are also very privileged to have Jan working on our writing team here at Money Metals, and you can find some of his work over at MoneyMetals.com/News. How you doing today, Jan?
Jan Nieuwenhuijs: I'm pretty good. How are you?
Mike Maharrey: I am doing very well, and I'm really excited to finally get to talk to you. We've been talking on chat for a while, but really happy that you've joined the team here at Money Metals, and appreciate your insights and your work.
Jan Nieuwenhuijs: Yeah, yeah, I'm pretty excited to join the team, and yeah, everything up until now, the articles and the teamwork has been great so I'm looking forward to continuing this.
Mike Maharrey: Yeah, absolutely. So you were originally in the movie industry, as I understand it. I think a sound engineer, if I remember correctly. How did you get from movie industry to gold analysis?
Jan Nieuwenhuijs: Oh, well, I was a sound engineer in the movie industry. I was working there for I don't know how many years at that point, but I can remember in 2009, the great financial crisis struck the movie industry in the Netherlands. So it first broke out in the US in 2008, and in 2009, there was zero work in the movie industry in the Netherlands. Everybody was sitting at home making up small movies to make just for fun, and we would come together and record some stuff because we were bored.
And I was like, for me, economics was always a bit of a strange subject. I can remember my father used to tell me about it and I was actually quite interested in it, but later on, I thought it's also abstract, and sometimes I heard on the news the economy is shrinking or we are in a recession, and then I would look outside the window and I was like, "I don't see anything." So it was a bit abstract for me, but then as you get older, I got more interested in intellectual things.
So anyway, in 2009, I started picking up books about economics. I wanted to know what caused this, and I started reading and I became obsessed to tell you the truth about economics. And I came to gold, and the first things I read were blogs like Zero Hedge, and very biased blogs, but nonetheless, Austrian Economics, things like that.
And pretty soon, I realized, yeah, well, if economics is about scarcity, about how to allocate scarce resources and money is not scarce, then maybe there's a future in money that is scarce and has an unbeatable track record, which is gold. So anyway, I started to invest a little bit in gold and reading more about it, and then a few years later, I was up and running again as a sound engineer, but I got a knee surgery and then I got some chronic pain, weird disease, and I couldn't do my work anymore. So yeah, I started researching and writing about gold, just for fun actually, and then yeah, I can remember, I had a scoop about the Chinese gold market, about how it all worked, and SG withdrawals were a very new thing at the time. Nobody in the West knew about it.
I started writing about it and I had a few sources in China that helped me a lot. I really owe a lot to those people, and I started the blog and I sent my information, my analysis to a lot of economists and gold commentators, and they were like, "Yeah, okay, but who are you?" And then I can remember at an LVMA conference, I think it was early 2014, the president of the Shanghai Gold Exchange made a speech and was pretty much confirming everything I had been writing. And in the break of that day of the conference, I was called by a precious metals dealer and he said, "Well, I want to offer you a job."
So I started working. Of course, I didn't know a lot about the rest of the gold market then, or economics, but I just felt like going for it. So that's how it started, and since then, I've worked for a couple of bullion dealers and also for my own websites for a small period of time, and now with Money Metals, so that's the history.
Mike Maharrey: Yeah. It's interesting, you and I have kind of a similar trajectory. I was in the airline industry for a while and then went back to school and ended up getting a degree in journalism. I did some sports writing, and then I just fell in. I've always been interested in economics as well, and I actually have an accounting degree from my first foray through school, but I spent about 10 years being a musician and never used that. But like you, I didn't come up through the industry and I don't have a PhD in economics, but it goes to show that in this day and age, it's very easy to learn a subject and become proficient in it because we have so many tools at our fingertips, so it's neat to hear that story.
Jan Nieuwenhuijs: Yeah, on the internet, you can also get lost, but you can also find a lot of information. I have to say, it took me a long time to find the right books and things, but in my view, and it must be subjective, but if you just stick to logic, you can figure a lot of things out. And I think we're blessed not to have an education because economic subjects in universities would have probably told us that gold is not relevant to the system or it's a bedrock, whatever. So yeah, I prefer to have done my own study.
Mike Maharrey: I think it was Keynes that said gold is a useless relic, so that's the mentality I think you get a lot in the mainstream.
Jan Nieuwenhuijs: Yeah.
Mike Maharrey: I want to talk a little bit about what's going on over in China, and we had well over a year, 18 months, a very aggressive central bank gold buying by the Chinese, and then in May, they suddenly stopped announcing any increases in their reserves. I'm curious as to your view. Do you think they've really stopped accumulating gold or have they just stopped reporting it? What's your sense of what might be going on with the Chinese Central Bank in gold?
Jan Nieuwenhuijs: Well, first of all, I think they have a very big motive to buy gold. As you know, they have very large foreign exchange reserves and those are very sensitive to being sanctioned or frozen by the West, and their old bonds or deposits or whatever they own, stocks, real estate, it's a liability. Well, real estate, not really, but it is if you hold it abroad, but foreign exchange in general is a liability of another country. And so they have, I think, still 3 trillion in foreign exchange reserves. They're the second-largest economy in the world, and they're not the best friends with America. And they have an eye on Taiwan. They see that as a province of theirs, and they support Russia in many political cases. So yeah, it makes a lot of sense for them because the war between Russia and Ukraine caused the West to freeze Russia's foreign exchange reserves, or at least the Euro and dollar part of it.
So of course they need to buy gold. This whole dollar story, which was good for the world up to a certain extent or for a lot of people in the world because it provided liquidity and it was extra credit, as you can say, in the international monetary system, and it provided growth probably, etc. But now it's been weaponized, and yeah, China really needs to buy more gold to diversify. They say they have... Well, first of all, I have a different view on their official gold reserves. First of all, I'm really sure that they have a lot more than what they say they own. So what they say they own, I don't even recall in the present, I think it's about 2,500 tons. What do you think?
Mike Maharrey: That sounds about right, yeah. I don't know off the top of my head either, but that sounds like ballpark.
Jan Nieuwenhuijs: Yeah, so that's what they say. And I can remember in 2015, since 2015, sometimes in a month, they will tell, "We bought 10 tons, 15 tons," whatever. Before 2015, they would come out every eight years or so and say, "Oh, we bought another 400 or 600 tons," which was of course, they didn't buy that in one month, so they just became honest or they just communicated a new number. And this is all political, right?
So first of all, China began growing enormously in 2001 in their foreign exchange reserves as well, because they kept their currency weak for an export driven economy. And as time went on and also after the great financial crisis, this incentive or the reason to buy gold became very big. But if they are honest in what they buy every month in the market, they would spook the markets, create a panic, and the gold price would soar a lot more than it is right now. Go figure. And of course, then you can, as the Chinese Central Bank, can buy less gold with your dollars, so they try to keep it a secret.
Also, in diplomatic relationships, buying gold is a bit of, I don't know if I can say this, a little bit of [expletive deleted] you against America. America doesn't really like if a lot of countries buy gold. They've been waging a war, not a literal war, but there's been a gold war after Bretton Woods to get rid of the gold in the system, and it should have been the dollar only. So this whole change about buying gold is also sensitive for a diplomatic tie, so that's how China is in this.
But it's very clear, I speak to industry insiders. I always say I can't reveal my sources or they won't talk to me anymore, but since 2015, I knew for sure that they had much more than they officially disclosed. I have my estimates. I think it's about let's say 5,000 tons at the moment. I don't have the exact number, and sometimes I get a little bit different information, but it's very clear and it has become so evident after the war in Ukraine broke out, because in the last two years, you have the World Gold Council coming out with what central banks in aggregate buy. So that number is like every quarter, it's a few hundred tons, and on the annual basis, it's a thousand tons, let's say. And then you have the official numbers. The World Gold Council numbers are based on field research, and it's also based on what they hear from their contacts.
Then you also have what countries report to the IMF every year, every quarter, and those numbers between the IMF and the world Gold Council don't match.
Mike Maharrey: Exactly.
Jan Nieuwenhuijs: So, there's a lot of... And I'm amazed by how many people just know this, that these numbers don't match but don't really go into who's the secret buyer or whatever. Also, because society has become so polarized, so if you use the word secret or conspiracy or whatever, you immediately are pushed in one corner or the other. But anyway, so there are very large covert buyers out there, and two sources have revealed to me that the People's Bank of China is mainly responsible for the secret buying that's being picked up by consultancy firms.
Another one is Saudi Arabia, and actually, I've done two articles on this. I've actually been able to prove how the People's Bank of China buys gold secretly and also for the Saudi Central Bank.
So yeah, so I can make a... Very simple. Every quarter, what I do is I take the difference between the world Gold Council numbers and the IMF numbers. The difference is then secret buying. I take 80% of that and that's then secret PBOC buying in my guesstimate. 10% is, you can say, Saudi Central Bank buying. But also, in the statistics, I found that every time that Switzerland exports gold to Saudi Arabia, that's probably for the Central Bank. That's maybe a very accurate way to track those numbers.
Anyway, in recent months, I've written about all of this, and after that, I haven't seen any, what I just said, exports from Switzerland or from the UK. The exports from the UK to China directly were a proxy to me for PBOC purchases. Since I have published my work, there have been no direct exports from the UK to China, so maybe they noticed my work and went underground again. It's very possible. But in any case, that's a little bit about the Chinese gold markets. Was your question about the Chinese gold market in general or about the PBOC?
Mike Maharrey: Well, yeah, I was specifically asking about the Central Bank gold buying, and yeah, you and I are of the same mind. My actual follow-up question you've already answered, because I was going to ask you if you thought that the official numbers were representative of what they actually hold, and I've also long thought that they're understating the holdings that they have, and we're not alone. Jim Rickards, he's written about this. I know others have as well. And also, it's interesting because I picked up on the fact that there's this unreported buying and I've talked about the fact that it's most likely Chinese too, and it doesn't seem like anybody in the mainstream picks up on this at all. It's weird. It's so obvious, and it's like, why doesn't anybody talk about this?
Jan Nieuwenhuijs: Yeah, it's crazy because this is about by now in the thousands of tons, and so that's very significant for what's happening in the world. A few topics in the world are very important. That is which countries have nukes, who has the gold, who produces the oil, who's energy-dependent, things like that. So it's strange that the Financial Times has become quite positive about gold in recent months, but they haven't written about this, so I don't know.
Mike Maharrey: Yeah. Well, we'll just keep plugging away at it. Speaking of not very transparent, let's talk a little bit about the United States' gold holdings. They've got supposedly a little over 8,000 tons of gold, and by the way, I looked. The Chinese official numbers is just under 2,300 tons, so we were right there. So the US supposedly has 8,000 plus tons of gold, but do we really know that for sure? And Representative Alex Mooney has actually introduced a bill trying to force some transparency because it's pretty unclear what's actually in the vaults. And aside from the question of whether the US gold is actually accounted for, there's also questions as to whether any of it's been pledged, leased, swapped, etc. What are your thoughts on what is or is not the reality with the US' Gold holdings?
Jan Nieuwenhuijs: Well, I try to be very careful in these things, so I have no proof that the US gold is not there.
Mike Maharrey: Right. Nobody does.
Jan Nieuwenhuijs: No, no. Well, some people say, I've read books that say they saw a lot of trucks coming out of Fort Knox at night or something, I don't know, but maybe this was in the sixties when indeed a lot of gold was shipped out of Fort Knox to New York, to France. You know what happens in that era. So I have no proof that there's less gold in the vaults than what they say they have. I also have no evidence that the gold is swapped out or owned by other entities. It would be a bit weird if other entities, for example, leased gold and knowing that it is in the US vault, so some middlemen should be lying about that. So it could be fraud then, but who knows? So yeah, my approach to it was very simple. I started many years ago investigating the audits of Fort Knox, but also, most of the gold is in Fort Knox, there's a little bit in West Point, and the other one is Denver I believe, and then some at the Federal Reserve Bank of New York.
So what I didn't know when I started the research is that the gold is being audited every year, and there's also a third party auditor involved. That is KPMG at the moment. So on the surface, everything looks fine. Every year, there is an audit report, and if you wouldn't know any better or if you have no knowledge about gold, you would be easily tricked into, "Okay, this is totally fine." But I spend a lot of time sending Freedom of Information requests to the auditor, so that's the... Jeez, what's the name again? The Office of the Inspector General of the Treasury, the Mint, which is the custodian, the treasury itself, which is the owner. Who else? The Fed, of course, and I started to learn a lot about the audits.
I got a lot of documents, and what's happening is that there are very famous images of a journalist going into Fort Knox in 1974. I believe it was September. And one compartment was opened and they showed the gold, and everybody goes, "Oh, wow, wow, wow," as if a journalist can assay a gold bar. It can hold it in its hand, but it doesn't pass like an audit.
But anyway, it was a nice gesture and what they did then, but also a lot of people don't know, and by the way, I think virtually nobody knows that the gold is being audited every year, right?
So that's strange. Yeah, so if you have a lot of gold and you are issued a world reserve currency, you would flaunt with these audits, and they don't. They try to keep it a secret, so that's suspicious. But anyway, in 1974, what they did is start a program from the day they opened one compartment, and the plan was to audit 10% of the gold every year, and then after 10 years, they would have audited all the gold. The gold is in let's say 15 compartments or 20, so every year, a few compartments were opened. If it was all fine, the compartments were closed, they got a seal. The compartment would be closed with a ribbon, with a seal attached to it, and then every year when you audit the gold, you inspect the seals and the ribbons, if those were damaged or opened or not. And the ones that were still fine, pristine, didn't need to be audited again, and you can move on to the next compartments, and then in 10 years, they did all compartments.
And the story now is that all the compartments have been audited and all the seals are intact, and I have copies of all the seals and there's a lot of information on the seals. And that's where it started, because on the seals, it says when the seal was attached to the compartments, but also what the prior seal was. And what I found out is that instead of... First of all, this audit procedure didn't take from 1974 until 1984. It took until 2013 I believe. So it took a lot longer. They've paused operations, and the most astonishing thing in my view is that I have evidence that they have reopened compartments time and time again. Now, why is that?
So this is just hardcore facts. If you have a procedure in which you want to open the compartment once, audit it, close it, seal it, why open some compartments three times after that? And also, I have information about that 17, eighteen-year-old kids from the area were hired to handle the gold. A lot of mistakes were being made in the assaying and that they had to go back and open it again because they use the wrong scale, and it just piles up and piles up. Again, I can't prove the gold isn't there, but that's all very... Yeah, it's just not very credible, this audit. And I've also asked the auditor, can you explain to me, why have these vault compartments been opened again and again? And then it could have answered, it could have explained why, but it can't. It doesn't. It chooses not to.
So I've also spoken to professional auditors because this is not my expertise of course, and they also said, "Well, what you have proven is that these audits are not credible." And even the ex-director of the Mint, I believe his name is Moy, I had also had contact with him. I interviewed him. He said, "Yeah, you are allowed to publish all this, what I have said." Even he says it has to be done again. So to make it really credible, it has to be done again. That's my view.
Mike Maharrey: Yeah, and it's interesting because when you start talking about something like this, I think a lot of people roll their eyes at any kind of conspiracy theory, and there's a lot of dumb ones out there, let's be honest. But the lack of transparency and the lack of proper procedure simply feeds the fire, and the best way to put out that fire, the old saying is sunlight is the best disinfectant. Come clean and show us, but that reluctance just stokes the fire and raises the suspicion level.
Jan Nieuwenhuijs: Exactly. Yeah, yeah. And also, a lot of this information also was published. They published a gold bar list. I have to give it to them. The US is the only country in the world that has published a true gold bar list of their gold with serial numbers and everything, but this was done after the Gold Transparency Act. That was an initiative by Ron Paul, who wanted to know about the audits and the whereabouts of the US gold. But it says on Wikipedia that Ron Paul entered politics in the sixties or seventies, I believe, because of sound, money and gold, and by 2011, he wasn't even aware the gold was audited. So this was one of the best kept secrets out there. Just amazing.
Mike Maharrey: Yeah, that's wild.
Jan Nieuwenhuijs: And I've been calling of course then the auditor, because at a certain point, you know who these people are, and I've even recorded phone calls and they just hang up on me because my questions were too sensitive.
Mike Maharrey: Yes, so rattling the cage.
Jan Nieuwenhuijs: Yeah, it's just a strange story.
Mike Maharrey: It's very strange. Well, let's hit one more topic real quick before I let you go. We've got the BRICS Summit that is coming up next week in Russia, and a lot of chatter about it. I actually wrote an article today about they've released a document talking about some of the things that they're going to discuss. I think probably the most interesting thing to me is the fact that they're really seriously looking at an alternative to the SWIFT payment system, and as they would want to since Russia has been locked out of it because of the Ukraine invasion. I'm curious of what your thought is as you've looked at the international world of gold and the international view of the dollar, and I'm curious if you think that BRICS is a credible threat to dollar dominance or is it being overstated by people like me?
Jan Nieuwenhuijs: Well, I read your article. I don't know what the rest of your thoughts on the BRICS are. I do think it's a bit overstated because a lot of people write about it and look forward to the annual BRICS Summit, but the BRICS have been in existence since 2009, and I don't really see a lot of concrete things coming out of it. And every year, they say, "Well, we have plans to plan, to think about ideas, to set up a new currency system or whatever," and I don't really see a lot coming out of it.
I think also, to set up a new currency which they would all use also internally would be like the Euro, and it took them 20, 30 years to set up the Euro. Think about it. And in the meantime, a lot of research reports, so many preparations, and it was all in plain sight because this is a big operation, and I'm seeing nothing of that.
Usually, Russia is barking a lot about a lot of changes they want, but yeah, I always think I'll believe it when I see it. Also, because internally, some of these BRICS countries aren't really friends. China and India still have border disputes. And they have a common enemy, which is America and the West, and that can be really strong, and I think it's good that they unite and talk about a more balanced world, a more multipolar world.
But I'm, for example, more interested in mBridge, which is a bit for people like us. First, I had to get used to the fact that it runs on CBDCs, but mBridge is a cooperation between China, Saudi Arabia, Thailand, the United Emirates, and what was the other one? Hong Kong. And like they did with Euro, they have reached a minimum viable product stage now, so they're really working on this. Reports come out, they do tests. Something is really happening there and there will be a system, and Russia could join down the line. India could join as well, probably they will, but this is a system in which they can trade with each other with national currencies, and that will make the dollar not necessary in that, and whatever they have in surpluses, they can store in gold.
So that is the gold recycling theory, so that is instead of storing your surpluses in US treasuries, that you store it in gold. That actually is already happening, but they're still lacking. It's very difficult to get away from the dollar as a trade currency because there's so much liquidity in the dollar, but those are... I think mBridge is a little bit more interesting to look at than the BRICS initiative, but who knows what comes out of it? The fact that so many countries want to join BRICS is a sign that there's a lot of... Let's say they don't really like the West anymore.
Mike Maharrey: Right. Yeah, I think that's a good way to look at it, and the reality is there are a lot of people and countries out there who have a vested interest in trying to minimize the impact of the dollar because they've seen what's happened to Russia. And I actually did an interview with RT, Russia TV, back in 2018 when that was still allowed, and I talked a little bit about the fact that the US has a history of using the dollar as a foreign policy tool, and I talked about SWIFT in particular. And I got fact checked, and basically the fact checker was like, "This will never happen. The US will never lock anybody out of SWIFT," and sure enough, that's exactly what's happened.
So I think whether it comes from BRICS or from some other approach, I do think it's undeniable that there is a movement globally to create other systems. And it may never knock the dollar off of its perch, but I think that there is an effort to at least create alternatives. And I'm of the opinion that any degradation of the dollar is bad news for the United States, given the fact that the US consists on making so many of them.
Jan Nieuwenhuijs: There are tons of initiatives. Russia and China are setting up their own alternative to SWIFT, a messaging system with mBridge. They set up their own rating companies because that's also a monopoly by the US. They have the Asian Infrastructure Investment Bank, all these replacements for the IMF. So in time, I'm sure they will get there, but the dollar is just so entrenched, also with the Eurodollar, offshore dollar system, that it takes a while.
Mike Maharrey: Yeah, for sure. Well, so folks can find some of your work over at moneymetals.com/news, and they definitely should check there, but where else can folks follow what you're doing, and are you on social media? Where can people find you on?
Jan Nieuwenhuijs: Yeah. Well, I'm on X every day. I tweet a lot. I'm addicted to it, so that helps. No, I'm on X. You can find me. I put out a lot of charts and news and my own work there, but the articles themselves are being published on Money Metals now, so have a look.
Mike Maharrey: Yeah. Well, again, we're really excited to have you. It's good to have multiple voices out there and I really appreciate the work that you're doing. I'm looking forward to working more closely with you as we move forward. And I also appreciate you taking the time out of your day to chat with me. We had to reschedule this from yesterday because of my internet issues, and I appreciate your patience and look forward to talking with you more.
Jan Nieuwenhuijs: Yeah, thanks, Mike. I'm looking forward to our next conversation on this platform.
Mike Maharrey: We'll definitely do it again. Well, thanks a lot, and enjoy the rest of your day.
Jan Nieuwenhuijs: Have a nice day.
Well, I hope you enjoyed that very enlightening interview and I certainly want to echo Mike's sentiments about our excitement to have Jan as a part of our team as we aim to bring you incredible market insight and analysis in the gold and silver markets.
And that will do it for this week. Be sure to check back next Friday for our next Weekly Market Wrap Podcast. And of course, you’ll want to check out the Money Metals Midweek Memo each Wednesday, hosted by Mike Maharrey. To listen to any of our audio programs just go to MoneyMetals.com/podcasts or find them on whatever podcast platform you prefer.
Until next time, this has been Mike Gleason with Money Metals Exchange, thanks for listening and have a wonderful weekend everybody.

About the Author
Mike Gleason is a Director with Money Metals Exchange, a precious metals dealer recently named "Best in the USA" by an independent global ratings group. Gleason is a hard money advocate and a strong proponent of personal liberty, limited government and the Austrian School of Economics. A graduate of the University of Florida, Gleason has extensive experience in management, sales and logistics as well as precious metals investing. He also puts his longtime broadcasting background to good use, hosting a weekly precious metals podcast since 2011, a program listened to by tens of thousands each week.