A SWIFT KICK IN THE U$D | Andy Schectman

Liberty and Finance, Released on 3/1/22

Miles Franklin CEO Andy Schectman returns to Liberty and Finance for a fast-paced roundup of current hot topics and viewer’s questions in this Weekly Market Update:

Ahead of the March COMEX delivery deadline, a silver spike was met by a BILLION OZ (1 year global production) of paper silver short smackdown, yet rebounded within days.

The US threatens to sanction Russia with lockout from the SWIFT interbank system, but what will be the unintended consequences on the USD?

US and Canadian investors are anxiously re-examining their risk assessment of Canadian vault storage following Canada’s “Emergency Act” of freezing and seizing of numerous private bank accounts.

Viewers ask how to stage their metals for a rapid future buyback or swap, in an environment of increasingly pervasive shipping interruptions, civil unrest, market and currency volatility, and government overreach.

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.

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