Sean & Rory, SGT Report, Released on 8/1/16

Andy Hoffman documents the collapse of the current global economic order. Andy notes that there is an epic battle for $20.46 silver which marks silver’s 50 WEEK moving average. And it’s a battle that the cartel is about to lose as their RECORD silver short positions have not been enough to cap silver’s historic run this year. In fact silver is the second best asset of 2016 when priced in USD and the best asset for 2016 when priced in local currencies. “The cartel is going to be defeated and likely in the next six to twelve months,” Andy says.

Andrew (“Andy”) Hoffman, CFA joined Miles Franklin, one of America’s oldest, largest bullion dealers, in October 2011 and serves as Marketing Director. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on precious metals, and since 2006 has written free missives regarding gold, silver and macroeconomics. Prior to joining the company he spent five years working as an investor relations officer or consultant to numerous junior mining companies. Andy’s articles can be found on the Miles Franklin Blog, at www.milesfranklin.com.

  gold, gold cartel, gold manipulation, precious metals, silver, silver cartel