Silver Mints Shutting Down; Supply Cliff In Q4 | Andy Schectman
Liberty and Finance, Released on 10/18/22
Many private mints producing silver bullion are unable to produce product or are not taking new orders, says Andy Schectman, CEO & president of Miles Franklin. This comes at a time of record demand for retail silver and gold products and a whole generation of investors waking up to the need for physical metal. And on the major exchanges, silver inventories are at record low levels, he says. Silver "is disappearing in ways I've never seen," he says. It is very possible that precious metals may not be available for a period in the future.
Mentioned in this interview:John Adams interview (link below) on the overall physical silver supply chain, especially starting around the 13:50. Infographic displayed starting at 15:45: https://www.youtube.com/watch?v=SVsJf...
0:00 Intro11:48 Manipulation17:00 Preparedness39:45 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.
Silver Mints Shutting Down; Supply Cliff In Q4 | Andy Schectman added by Herman James on 10/17/2022View all posts by Herman James ?+'