Liberty and Finance, Released on 8/21/24

Andy Schectman, CEO and President of Miles Franklin, emphasizes the significant drawdown in silver inventories on major exchanges, noting that this trend is driven by increased demand from Eastern countries. Contrary to the common belief that silver is merely an industrial metal, Schectman argues that it holds strategic value, which has led nations to aggressively deplete supplies from the LBMA and COMEX. The current inventory levels on these exchanges are among the lowest in their 140-year histories, reflecting a shift in how silver is perceived and valued globally. Schectman predicts that this heightened demand will propel silver to a significant revaluation, potentially seeing its price soar dramatically.

0:00 Intro
1:20 Storage of metals
14:53 Currency devaluation
21:30 East moving toward gold & silver
33:30 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.

  Andy Schectman, gold, precious metals, silver