Andy Schectman, Bill Holter: Junk Silver Is Running Out

Arcadia Economics, Released on 4/18/23

Amidst the most recent surge in physical gold and silver buying, premiums have risen again, particularly on silver eagles and junk silver. And in this week’s physical silver report, we find out that the supply of junk silver has reached the point where it’s running out. The junk silver market has always been unique, given that it’s made up of dimes and quarters that were minted in 1964 or before. Which of course means they simply aren’t being created anymore. And with the increased volume following the failures in the banking system, Bill Holter and Andy Schectman are reporting that the supply is now running out. In the show they talk about how it’s become impossible to fill a large order in junk silver, which is why the premiums have risen so substantially. They also talk about the conditions in the other silver products, and share why so many people are continuing to turn to gold and silver. So to hear the latest update in regards to what’s happening in the physical level of the silver market, click to watch this video now!

Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair’s Mineset in 2015. Bill’s commentary can also be found at

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,, and several others.

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