Andy Schectman: Threat Of New Sanctions Is Latest Support For Gold

Arcadia Economics, Released on 4/23/24

Gold and silver prices have stabilized after Monday’s selloff. Although some of the reasons driving the rally we saw prior to the selloff continue to be exacerbated. And in today’s show, Andy Schectman talks about the threats of new sanctions, the rate at which the US govt continues to borrow money to send it abroad, and how the US is moving a step closer to seizing the frozen Russian assets.

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.

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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