Liberty and Finance, Released on 10/4/22

What if COMEX fails? Andy Schectman, CEO & president of Miles Franklin, discusses how precious metals dealers may continue to function if such an event occurred. For now, supply of physical silver remains extremely tight. Wholesalers and retailers are getting wiped out of product. “I don’t see this changing whatsoever heading into the end of the year,” Schectman says. “This is going to be quite a bumpy fourth quarter for the metals market.”

0:00 Intro
3:39 What if COMEX fails?
13:54 Disintermediation
16:20 Current supply
19:09 Shortages
22:05 Weekly special

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.

  comex, precious metals, silver, silver shortage, silver squeeze