Andy Schectman: If One Bank Falls, They All Fall

Liberty and Finance, Released on 2/28/23

If the financial system comes down, not only will the banks be affected, but insurance companies will be too, says Andy Schectman, CEO and president of Miles Franklin. Holding precious metals is a way to hold wealth outside the system as your own insurance in case there is a collapse. Perhaps it is for this reason that massive amounts of gold and silver are being removed from the major exchanges such as the LBMA and COMEX.

0:00 Intro
2:33 Banking system
11:48 FDIC
14:00 Weekly special
16:00 Silver eagle premiums

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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