Andy Schectman: Banks Expecting A Silver Price Explosion?

Liberty and Finance, Released on 8/29/23

Outcomes of the BRICS meeting, including announcement of the inclusion of Saudi Arabia and Iran, signal further dedollarization, says Andy Schectman, CEO and president of Miles Franklin. At the same time, banks are going net-long silver and massive amounts of silver is being transferred into the registered category. If the silver leaves the COMEX ecosystem, that is extremely bullish, Schectman says.

0:00 Intro
3:30 BRICS+ update
18:00 Silver drawdown
29:10 Taking delivery
31:50 Weekly special
34:30 Storing metals
42:39 Miles Franklin

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.

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