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In an enlightening video discussion, renowned economist Dr. Dave Janda delves into the recent surge in precious metals prices, a trend that has captivated financial markets worldwide. The discourse begins by highlighting the significant demand from the semiconductor industry, an essential sector fueling technological advancements and economic growth. As the world becomes increasingly digitized, the demand for precious metals in semiconductors, particularly palladium and gold, is on a steady rise, contributing to the increasing prices of these metals. However, Dr. Janda's analysis extends beyond this immediate factor. He suggests that we are witnessing the early stages of a global re-evaluation of the entire monetary system. As governments continue to print money to stimulate economies amidst the ongoing pandemic and other global challenges, there is growing concern about the devaluation of traditional currencies. In such an environment, precious metals, traditionally considered safe havens, are experiencing a renewed interest as investors seek to protect their wealth. Dr. Janda's insightful discussion provides a comprehensive understanding of the factors driving the skyrocketing prices of precious metals and offers valuable perspectives for investors and economists alike.