Andy Schectman: Bullion Banks Move Into Silver In Shanghai

Liberty and Finance, Released on 5/28/24

“We have the making of what could be a giant ‘silver squeeze,'” says Andy Schectman of Miles Franklin. Global inventories of silver has been disappearing. Even on Shanghai, metals supplies are decreasing. The largest bullion banks in the western world are now showing up at the Shanghai exchange. Could this signal a last desperate attempt to bring prices down? Andy Schectman discusses.

0:00 Intro
2:50 BRICS update
4:30 Silver update
27:48 Shanghai gold exchange
39:55 Weekly specials

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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