It is German and means "my dear" or "my precious".
My darling/sweetheart
ich auch mein Schatz = me too my darling
mein Schatz - my dear Golum in Lord of the Rings: mein Schaaatzzz - my preciousss
"du bist mein schatz"
Mein Schatz ist aus Tirol - 1958 is rated/received certificates of: West Germany:6 (nf)
Guten Morgen mein Schatz.
"Gute Nacht mien Schatz" in German means "Good night, my dear in English."
"Shatsi" is a term of endearment in German derived from "Mein Schatz" - my treasure.
Du bist mein Schatz = You are my darling (lit. you are my treasure)
Gute Nacht Liebling or Gute Nacht mein Schatz
Ich liebe dich mein Schatz: that's how you say, I love you my darling, in German
The cast of Mein lieber Schatz - 1985 includes: Erich Bar as Leporello Karina Fallenstein as Zerlina Karl Heinz Maslo as Nabucco Anno Koehler Renate Muhri as Tusnelda Carlos Pavlidis Dieter Rita Scholl Barbara Rudnik as Donna Anna Thomas Scholz Horst Schweimler
The German word "Schatz" means treasure. Schatz is also widely used to address loved ones as in saying my dear or my love.