Sean & Rory, SGT Report, Released on 10/4/16
By all accounts, at least if you talk to those in the alternative media, Deutsche Bank is in the death throes, its Derivatives book making it too big to bail out – and yet without a bailout the collapse of Deutsche Bank will surely bring down other major international banks as well. Andy Hoffman from Miles Franklin returns to SGT Report to discuss the worsening global economic picture on a day in which gold and silver and associated mining shares were gutted along with any remaining confidence in Germany’s largest bank. Join us as we document the collapse for this first week of October, 2016.
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.