Soar Financially, Released on 1/23/25 (Recorded on 1/16/25)
In this interview, I sit down with Andy Schectman, President of Miles Franklin, to explore an intriguing concept: Could revaluing gold to $142,000 an ounce be a realistic solution to the global debt crisis? Andy shares his expertise on why central banks are rapidly increasing their gold reserves, the mechanics of a potential revaluation, and its broader implications for the financial system. We also discuss the strategic role of silver, the risks of hyperinflation, and how these trends could impact investors and global markets. Andy’s insights shed light on how gold and silver may play a crucial role in shaping the future of our monetary system. If you’re looking for fresh perspectives on precious metals and their role in today’s economy, this is a conversation you won’t want to miss. Let me know your thoughts in the comments!
00:00 Intro
00:14 Can Gold Solve the Debt Crisis?
01:00 Welcoming Andy Schectman
02:10 The Case for Gold Revaluation
03:45 Historical Examples of Gold Revaluation
06:00 Why $142,000 Gold Isn’t Crazy
08:00 The Impact on the Global Monetary System
11:00 Central Banks’ Gold Strategies
13:00 Poland’s Bold Gold Strategy
15:00 The Rise of CBDCs and Currency Wars
17:50 Predictions for CBDC Rollouts
20:30 Trump’s Role in Precious Metals Policy
23:30 Economic Challenges for the U.S.
26:00 The Strategic Importance of Silver
30:00 Silver’s Role in Military and Industry
33:00 Risks of Manipulation in Precious Metals Markets
35:00 Investment Strategies for Gold and Silver
37:00 Closing Thoughts and Safe Travels
Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.