Commercial Banks Buying Silver &Taking Delivery?| Andy Schectman

Liberty and Finance, Released on 8/2/22

Commercial banks' short positions in silver are extremely low. Physical inventories are dwindling as investors are taking delivery of their silver off the COMEX. This fall could be pivotal for the metals industry, says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. Retail inventory is already incredibly tight. "It won't take much to completely disrupt this entire ecosystem."

0:00 Intro3:15 Preparedness11:25 Commercial banks17:38 Silver inventory26:00 Demand erupting31:20 Weekly special32:43 Miles Franklin

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

Commercial Banks Buying Silver & Taking Delivery? | Andy Schectman added by Herman James on 08/01/2022View all posts by Herman James ?+'