Andy Schectman Clip Silver Being Arbitraged from Comex to Shangahi

Andy Schectman discusses significant trends in the gold and silver markets, highlighting arbitrage opportunities that have emerged due to price differences on the Shanghai gold exchange versus Western exchanges such as the Comex and the LBMA. It emphasizes how traders are incentivized to buy in the West and sell in the East, putting a floor under the prices of these metals. Schectman points out the low participation rate from the American public in precious metal investments, which they see as a contrarian indicator of strength. Schectman predicts an increase in U.S. interest in gold and silver in the coming months, which could significantly impact prices due to currently tight supplies. The conversation also touches on the strategic importance of silver, its increasing demand in India, and how it's used in various industries, including military applications. Schectman concludes by discussing gold's reclassification as a tier one asset by the Bank for International Settlements, emphasizing its role as a non-liability asset and how central banks' actions suggest gold's crucial importance in the financial system.
For more info on Andy Schectman, please visit:
milesfranklin.com/
00:00 Unveiling the Gold and Silver Arbitrage: A Global Perspective
00:52 The Contrarian Indicator: Low Public Participation in Precious Metals
00:58 Forecasting a Surge in American Interest Towards Gold and Silver
02:04 The Strategic Shift of Gold and Silver from West to East
02:27 India's Massive Silver Acquisitions and Its Implications
03:26 Silver's Role in Modern Technology and Defense
06:27 Exploring the Mysteries Behind Silver's Market Dynamics
07:18 Gold's Status as a Tier One Reserve Asset and Its Global Impact

[@alexconnors1027]

10% Arby..

[@josephbickerton1506]

Do I buy silver futures on the commex and sell it on the Shanghai exchange ? (Layman here)

[@freedom4all581]

Only a fool would give up good money for bad currency