Gold Just Fired a Warning - Ed Siddell

Gold and silver just made a violent move — and it wasn’t random. Kerry Lutz sits down with Edward Siddell to break down the parabolic surge, the sharp pullback, and what it really signals beneath the surface.Siddell explains how panic buying, inflation pressure, and volume spikes collided in the metals markets — and why the pullback wasn’t weakness, but a warning.At the center of the move: central banks. Siddell outlines why gold reserves are rising as U.S. Treasuries quietly lose favor, and how growing debt levels increase long-term dollar risk.The conversation turns to silver, where supply constraints, historical ratios, and rising industrial demand — including AI and data centers — are setting the stage for outsized moves.Siddell closes with his 12–24 month outlook for gold and silver and what to watch as markets head toward a potentially volatile 2026.Find Ed here:  https://EGSIFinancial.comFind Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe   Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon!Get your copy here:  https://a.co/d/bvYbZOz“The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. .Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe