Here’s How All The Retail Silver Disappears | Andy Schectman

Liberty and Finance, Released on 11/14/23

The retail precious metal industry right now has low premiums and high inventory. However, this could change on a dime. Amid dedollarization, the US debt crisis, and geopolitical turmoil, retail demand could increase with little notice. Only $1 billion could wipe out the entire inventory of all precious metal dealers, says Andy Schectman, CEO & president of Miles Franklin Precious Metals.

0:00 Intro
1:33 Precious metal IRA
14:48 Precious metal inventory
27:25 Dollar update
35:00 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.

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