Liberty and Finance, Released on 1/12/26
Andy Schectman discusses the surge to new nominal highs in gold and silver and warns that political pressure to force lower interest rates is accelerating dollar devaluation and global loss of confidence. He argues that interference with central bank independence encourages foreign nations to dump Treasuries and rotate into hard assets, particularly gold and silver. Schectman points to record physical deliveries on COMEX as proof that real world metal demand is overwhelming the paper market and signaling the start of true price discovery. He explains that temporarily low premiums on junk silver are the result of refinery bottlenecks and hedging stress, not weak fundamentals, and expects those premiums to snap higher once the glut clears. Despite expecting sharp volatility and pullbacks, he remains strongly bullish long term, emphasizing that physical scarcity and global monetary shifts are driving metals much higher.
0:00 Intro
1:30 Metals markets update
8:00 COMEX deliveries
18:00 Buybacks
19:50 Junk silver
25:00 Physical market taking over
37:45 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.