Commercial Banks Buying Silver &Taking Delivery?| Andy Schectman

By Herman James / August 02, 2022 / marketsanity.com / Article Link

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 ?+'

Recent News

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok