As of this morning, silver futures have broken out to a new all-time high above $59/oz.

What's driving this fresh price breakout?

And how high could silver go?

Will Wall Street soon start believing $100/oz silver is likely?

In this morning's livestream, I talked about all these questions with precious metals expert Andy Schectman - plus a number of other key related topics.

To hear it all, click here or on the video below.

FYI: if you're looking to purchase bullion online, Thoughtful Money recommends Miles Franklin, co-founded, owned and operated by Andy. The firm has been in operation since 1989, and is a full-service precious metals broker with a mission to educate the masses on the benefits & principles of sound money and deliver fair pricing.

Given the important of the partnership between Thoughtful Money and his firm, Andy himself has offered to give Thoughtful Money followers the "white glove" treatment. So if you're interested in learning more about their services, fill out the very short form at thoughtfulmoney.com.buygold and Andy or one of his lieutenants will give you personal attention, answer all your questions and work to get you the products that best meets your needs at the best price they're able to.

0:00 – Silver is now knocking on $60

4:24 – Andy: "This is an opportunity of a generation"

5:17 – 13,000+ tons delivered on COMEX YTD – more than Mexico+Peru+China combined

6:47 – Thanksgiving-night CME "server overheating" – the modern fire-alarm pull

9:21 – December contract: 45 million oz delivered in first 3 days alone

9:56 – 45-year cup-and-handle target = $96; triple-digit silver is realistic

10:48 – Gold/silver ratio math: $100 silver just to hit the 100-year average

11:13 – Geologic ratio now 7:1 – silver is literally running out

12:27 – Who the hell is taking billions in physical every month? (Sovereigns & industrials)

14:01 – Paul Tudor Jones huge silver delivery rumor – fact-checked

14:54 – Silver is becoming a true "Giffen good" – industrials will bid no matter the price

17:18 – Expect bidding wars & takeovers of silver miners (First Majestic, etc.) 20:05 – 90 million oz physically removed from COMEX since October

22:23 – Global tightness: LBMA, COMEX, and Shanghai all at multi-year/record lows

24:28 – LBMA: 2 billion oz of paper claims vs ~140–150 million oz free float

26:01 – Rehypothecation explained – "It's a Wonderful Life on steroids"

27:57 – Shanghai = real cash-and-carry, one-to-one laser-inscribed bars

31:36 – Why the eight big banks kept the largest concentrated short in history

37:37 – Retail is still selling more than buying at local coin shops (mania not here yet)

42:18 – "Higher price confirms why you bought it" – educated stackers are not selling

45:43 – Miles Franklin / Brink's segregated storage walkthrough

48:08 – Precious metals IRAs – the massive scams & how to do it right (New Direction + segregated)

1:01:01 – When to rotate: trade silver into gold near the 40–45:1 historic ratio

1:05:29 – Final advice: "When the music stops, the ultimate seat is gold"