Fox Business anchor Taylor Riggs opened her conversation with Rick Harrison by pointing out what a lot of people already feel in their gut: gold and silver aren’t acting “normal” anymore.
Taylor Riggs said both metals took a hit earlier in the week, but then they were “shining again,” with gold rebounding and silver hitting a fresh record.
She framed it as more than a Wall Street storyline, because when metals move this fast, it changes what real people buy and sell.
That’s where Taylor Riggs brought in Rick Harrison, the Gold & Silver Pawn Shop owner known from Pawn Stars, because he sees consumer behavior up close, not just on a chart.
Rick Harrison’s message was simple right out of the gate: in his world, demand is still strong, and he doesn’t see that changing soon.
What Rick Harrison Sees On The Pawn Counter
Taylor Riggs asked Rick Harrison what he’s seeing when customers walk into the shop, what they’re bringing in, and how prices are changing what people decide to sell.
Rick Harrison said a lot of people are coming in with “20, 50 ounces of silver” and selling it.
But he immediately added the twist: even with those sellers showing up, he said he has demand for “ten times that much,” and he “can’t keep it in stock.”
That detail matters because it shows the two-sided nature of a high-price market.
Some folks see the number on the screen and decide, “This is my moment to cash out.”
But Rick Harrison made it sound like the buyers on the other end aren’t blinking, and that’s why the shelves don’t stay full.
Taylor Riggs later came back to this point, saying she’d assume high prices would cool demand, because the “cure for high prices is high prices.”
In other words, shouldn’t people back off once silver gets expensive?
Rick Harrison’s answer was that he’s seeing something different.
He described a pattern where someone who bought 40 or 50 ounces a couple years ago sees the price jump and decides to sell, but bigger buyers with more money keep stepping in and scooping supply right up.
That kind of market can feel like a treadmill you can’t get off.
And if you’re just an average person watching the headlines, it’s confusing, because you expect the price to “scare people away,” but Rick Harrison is saying it’s not working that way right now.
Why Rick Harrison Thinks Silver Isn’t A Bubble
Rick Harrison said bluntly he does not think this is a bubble “this time around.”
His reasoning wasn’t a vibe or a guess, at least not the way he explained it. Rick Harrison said there’s been a structural deficit of silver, driven by heavy industrial demand.
He pointed to what he called a roughly 200 million ounce annual deficit for around the last five years, comparing what’s mined and recovered through scrap versus what gets used.
He also said he sees “no end to it,” and he tied that belief directly to technology.
Rick Harrison brought up the “whole AI thing,” saying data centers are using more and more silver as companies press for more speed, more memory, and more computing power.
Then he added a fact he kept returning to: in his view, nothing conducts electricity better than silver.
He even claimed data centers are switching to silver cables to squeeze out “a little bit more speed.”
Whether you agree with the tone or not, you can tell what he’s arguing: silver isn’t just a shiny rock people hoard, it’s a working material inside modern infrastructure. That idea makes the market feel different than the classic “everybody’s buying because everybody’s buying” bubble story.
And this is where his confidence got specific.
Rick Harrison said he could see silver “well over $100 by this time next year.”
That’s a bold prediction, and he didn’t present it as guaranteed, but he also didn’t sound like someone tossing out a random number to entertain TV viewers.
Should You Sell Your Jewelry Or Hold It?
Taylor Riggs asked the practical question viewers at home would ask.
If she’s a consumer with a gold or silver bracelet, should she hold onto it instead of selling now, if the price may be higher later?
Rick Harrison said he’d tell people to “keep it around,” but he also added a line that felt honest: he’s been wrong before.
That part matters because TV guests sometimes speak like fortune-tellers, and Rick Harrison didn’t go there.
He said there’s a lot that can change, including geopolitical factors, and he brought up a couple of big-picture signals he’s watching.
Rick Harrison said China bought record amounts of gold for strategic reserves, two months in a row, at least as he described it.
He also said the U.S. government is going to consider silver a strategic commodity, though he admitted he didn’t know exactly what that means.
Rick Harrison guessed it could mean the government starts buying it back, which would add another buyer to a market he already says is tight.
Then Rick Harrison moved from general talk to personal behavior. He said in his own investments, he’s not selling right now, because he thinks it still has “a long way to go.”
He also said “we’re printing too much money,” and that “every central bank wants it,” which he believes keeps demand strong “for a long time.”
My own view here is that this is the kind of talk that lands with people because it connects two emotions: excitement and fear. Excitement because prices are up, fear because the reason might be long-term distrust in currencies and stability.
Even if you don’t buy every piece of the argument, you can see why it resonates.
The Supply Problem Rick Harrison Keeps Pointing To
Taylor Riggs pushed again on the supply-and-demand issue, because it’s the heart of Rick Harrison’s entire point.
If prices are high, shouldn’t supply respond? Shouldn’t the market correct itself?
Rick Harrison argued the opposite: the supply isn’t responding fast enough, and he suggested it may not even be able to.
He claimed there’s “not one silver mine left in the world,” saying all the silver production now is residual output from copper and gold mines, not dedicated silver mines.
He said nobody he’s talked to, and nothing he’s read, has a clear answer for where all the needed silver will come from as demand keeps expanding.
Then he rattled off examples of products he says drive demand. Rick Harrison said every solar panel has silver in it. He said every Tesla has about three ounces of silver, plus silver in high-end batteries.
And he made the point that it feels like there’s “a new product every day” that needs silver, or it “won’t work.”
Now, even if a viewer doesn’t fact-check every claim in real time, the bigger message is easy to understand: Rick Harrison is describing silver as a bottleneck metal in a world that’s building more electronics, more power systems, and more high-tech equipment.
And bottleneck markets can stay tight for longer than people expect. That’s why, in his mind, demand doesn’t fade just because the price is high. The buyers believe the next stage of demand is already baked in.
Rick Harrison’s View Of Gold: More Psychological, More Global
Taylor Riggs shifted to gold and asked what he thinks is behind the rising price.
She listed several possibilities: foreign banks buying, momentum trading, dollar weakness, and people trying to protect themselves from a currency losing value.
Rick Harrison basically said yes – plus more.
He said Taylor had “mentioned a bunch of things and a lot more,” and then he expanded it into a broader story about behavior, especially in developing countries.
Rick Harrison said inflation may be “under control,” but it stays in the back of people’s minds.
He gave India as an example, suggesting people there might not want to hold a currency they feel is losing value, so they turn to gold.
He also said developing countries have growing populations with more investable money, and that adds new buyers.
Then he returned to central banks, saying they’re buying gold “like crazy.”
And he added “a lot of geopolitical things” that keep people worried, which tends to push them toward gold.
Rick Harrison summed it up with a line that really shows how he thinks about the metals differently.
He said gold is “a psychological thing,” while silver is an “actual physical thing.”
He still said he sees both going up, but he described gold as something that can move “all over the place,” while silver is driven more by supply-and-demand law in his view.
That’s a clean way of explaining the difference in a TV segment. Gold is often treated like a store of value and a fear gauge. Silver, in Rick Harrison’s telling, is increasingly treated like a key industrial input that gets consumed.
Rick Harrison’s Bitcoin Take Was Basically A Shrug
Before the interview ended, Taylor Riggs asked Rick Harrison about Bitcoin.
She said it’s had a tough year, and asked what he thinks.
Rick Harrison said he knows it’s around the $80,000 range, and he remembered thinking it was crazy when it hit $100,000, and he didn’t “get on the boat.”
His core argument wasn’t about charts or long-term ideology.
Rick Harrison said you “can’t buy anything with it,” and then he described the hassle: waiting for transactions to process, paying fees if you want it fast, and tracking purchases because of capital gains or losses.
He contrasted that with what he called his “centralized credit card,” saying if somebody steals it, he can call the bank and not lose money.
Taylor Riggs laughed it off in a friendly way and basically said that summed it up.
And that ending actually fit the rest of the interview.
Rick Harrison wasn’t selling magic, he was describing what he believes people can actually use and why demand behaves the way it does.
Why This Conversation Will Stick With Regular People
The reason this segment worked is because Taylor Riggs asked it the way a normal person would.
If prices are high, why aren’t buyers backing off? If a bracelet might be worth more later, should you sell now? Is this all hype?
Rick Harrison’s answers were part shop talk, part big-picture theory. He said he can’t keep silver in stock because demand is overpowering supply.
He said the silver deficit is structural, tied to industrial use, and boosted by data centers, solar, and tech growth.
And he said the bigger backdrop – money printing, central banks buying, geopolitical tension – keeps precious metals in favor longer than people expect.
My take is this: even if you’re not a metals investor, his comments explain why the “record run” feels sticky.
When rising prices are paired with a story about shortage and global fear, people don’t treat it like a quick trade.
They treat it like a long-term hedge. And that’s why Rick Harrison, from the pawn counter in Las Vegas, sounded so confident saying demand will stay where it is “for a long time.”
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