Andy Schectman: We’re Nearing the End of the Financial System

Liberty and Finance, Released on 1/9/24

Countries and investors around the world are buying gold, says Andy Schectman, CEO & president of Miles Franklin. He believes they are preparing for a collapse of the Dollar-based financial system. He also discusses the risks in the banking system. A decline in the value of commercial real-estate could lead to bank failures. Bail-ins are a real possibility, he says. And if bail-ins are implemented, they would lead to a mad rush by depositors out of the banking system.

0:00 Intro
1:35 Gold’s performance
16:00 Fed’s confidence
24:05 The Great Taking
32:00 Gold & silver storage
40:14 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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