Gold & Silver Exchanges Being ‘Bled Dry’ and No One is Paying Attention: Andy Schectman

Commodity Culture, Released on 2/23/24

Andy Schectman explains how the major metals exchanges are being bled dry of both gold and silver, in a significant move towards higher precious metals prices that no one is paying attention to. As the demand for physical gold and silver surges, the integrity of these exchanges is being questioned, raising concerns about the sustainability of the entire precious metals ecosystem. Andy shines a light on the factors contributing to this unprecedented situation and explores its potential ramifications for investors and the broader financial landscape.

00:00 Introduction
00:42 Outlook on Gold Price
05:09 BRICS and Dedollarization
11:32 Central Banks Front Running the Market
16:23 Catalysts for Silver
23:37 Is the WEF Agenda Failing?
34:12 Collapse of the Dollar

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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