US Mint Halts Silver Eagle Production | Andy Schectman

Liberty and Finance, Released on 11/30/21

The US Mint has halted production of American Silver Eagles for the rest of 2021. Andy Schectman, president & CEO of Miles Franklin, says the US Mint has been “the model of inefficiency” as it has been unable to fulfill its constitutional charter and meet demand for Silver Eagles. He sees demand continuing to increase. With Silver Eagle premiums at $8.50, he says that is high, but premiums could rise higher.

0:00 Intro
1:16 US mint halts production
4:18 Price suppression
6:50 Overvalued stock market
11:19 Taper Talk
15:38 Canadian sales
17:23 Weekly specials

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.

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