Soar Financially, Released on 12/26/24
In this interview, “3 Things You Need to Know About BRICS and Gold Before It’s Too Late,” we speak with Andy Schectman, President of Miles Franklin, about the key trends and developments shaping the future of gold and global trade. We discuss the BRICS nations’ efforts toward a gold-backed settlement currency, the changing dynamics in international finance, and what these shifts could mean for 2025 and beyond. Join us for a thoughtful conversation exploring these important topics and how they might impact the global economy.
00:00 Intro
00:42 Welcoming Andy Schectman
01:18 Recapping 2024 Trends
02:26 BRICS Meeting Highlights
05:13 Project Enbridge Developments
07:17 Trust Issues with the West
10:18 The Role of Gold in BRICS Strategy
12:44 Differences Among BRICS Nations
13:53 U.S. Tariffs on BRICS Countries
17:32 Gold Reserves and Trust in the System
22:14 China’s Gold Accumulation Strategy
27:00 Russia’s Role in Silver Purchases
31:08 Silver as a Strategic Metal
35:01 The BRICS Precious Metals Exchange
38:10 Potential Tipping Points in the Market
42:21 Inflation and Gold in 2025
48:37 Consumer Sentiment on Precious Metals
52:00 Andy’s YouTube Channel: Little by Little
55:22 Wrap-Up and Upcoming Inauguration Day Interview
56:08 Outro
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.