Liberty and Finance, Released on 6/2/26

Andy Schectman explains that the recent silver selloff was driven by a combination of sharply higher margin requirements, ETF rebalancing, and forced selling tied to primary distributor allocations, creating a cascading liquidity event rather than a true breakdown in fundamentals. He argues that this overlap of structural pressures led to more selling than buying in the short term, which overwhelmed bids and pushed prices lower. In contrast, he notes that prior strong upside moves saw the opposite dynamic, with intense buying pressure causing premiums to surge and physical supply to tighten dramatically. Looking forward, he says that a potential move toward $300 to $500 silver would likely bring far greater public participation and stronger hands into the market, reducing the kind of fragile selling pressure seen in earlier cycles. In his view, that kind of environment would still strain the system but would be more fluid and balanced demand driven, rather than collapsing under forced unbalanced liquidation.

0:00 Intro
2:20 Digitization of all assets
11:20 Unrealized capital gains tax
14:50 Precious metal industry
22:00 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