Arcadia Economics, Released on 8/13/24

Despite several abrupt recent selloffs, the gold price is back above $2,500 as its stunning year continues. Although perhaps what’s even more amazing is that gold is above $2,500, and the Fed’s rate cuts still haven’t even begun yet. However we’re continuing to see signs of institutional money starting to return to gold and silver ahead of what the whole world believes the Fed is about to start doing. So Andy Schectman joins me for his weekly gold and silver report, to cover the latest in premiums, precious metals news, and also the stunning revelation of something you won’t be able to believe the US government was actually considering.

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.

Chris Marcus worked 2 years at bond rating agency Moody’s, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia’s Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.

  Andy Schectman, gold, precious metals, silver