Andy Schectman: COMEX Silver is Going to India and Shanghai

In this extensive dialogue, Andy Schectman discusses his observations and insights on the global metals market, emphasizing the increasing prices of gold and silver amidst rising interest rates. Schectman points out the public's lack of participation in the metals market in the United States, contrasted with insiders' strategies to accumulate physical metals through ETFs. He elaborates on the geopolitical and economic factors, including actions by the U.S. Treasury Secretary and the shift from U.S. treasuries to gold by various countries, underlining the strategic importance of metals. Schectman also addresses the potential implications of gold and silver moving from the West to the East, alongside the broader trend of commodities and the possible consequences of a shift towards digital currency systems by BRICS nations. The discussion covers the current geopolitical tensions, the risks of a world war, and the overall future of financial systems, concluding with Schectman's concern for the direction of U.S. policy and its implications for global economics.
For more info, please visit
www.milesfranklin.com, or email [e-mail] and put Andy Millette in the subject line.
00:00 Opening Greetings and Introduction
00:33 Insights on the Metals Market and Investment Trends
04:51 Global Economic Policies and Their Impact on Gold and Silver
10:45 The Shift of Gold and Silver from West to East: Implications
11:08 The Strategic Importance of Silver in Global Markets
15:59 Gold's Role and Future in the Global Financial System
20:31 Emerging Financial Systems and the BRICS Influence
25:25 China's Strategic Commodities Acquisition
26:04 The Rise of Bretton Woods 3 and Digital Transparency
26:40 Global Economic Shifts and the Power of BRICS
29:15 The Implications of Monetary Policies on Commodities
32:34 The Potential for a Global Financial Reset
39:04 Geopolitical Tensions and the Threat of World War III
44:43 Closing Thoughts and Contact Information

[@richardchiriboga4424]

The end of the empire. I just hope it doesn't end in mad max, but it just might.

[@naturalresourcestocks]

Yeah me too

[@stratcaptain66]

I think that “mad max” ending has also been planned, thats why they’ve brought in millions of military aged men from foreign countries, and are paying for them. Civil unrest for sure and most likely civil war.

[@misty671]

Andy does a terrific job of wrapping the current geopolitical / geoeconomic situation. Bottom line, the Western world is in terminal decline. Precious metals and BTC are the best places for us to preserve our wealth. 🇨🇦

[@naturalresourcestocks]

Thanks for the feedback and yes Andy is a great interview

[@lightyplays3390]

Precious metals I agree, been buying for long time and it always paid off well. BTC not really.. even tho i still own like 0.45 of it i think it wont do what people think it will do, personally looking to sell more BTC if it goes back up :D espeecially when they start increasing interest rates further and stronger..

[@johngordon880]

Silver at $100 would be perfect black market exchange for a days labour. The Government unable to trace or tax.

[@naturalresourcestocks]

Thanks for the feedback

[@Ofelas1]

Max Keiser has been calling the end of the Dollar, rise of Gold and Bitcoin since 2012.

[@naturalresourcestocks]

Yes he has

[@Elazar40]

Coming... The role of gold and silver will be inverted. Silver is the MONEY of the people.

[@naturalresourcestocks]

I think you will be right

[@Ofelas1]

@@naturalresourcestocks available for trade silver, demand for manufacturing, will explode the price so I agree. Silver just might overtake Gold

[@skeetth2484]

Perfect…👍

[@naturalresourcestocks]

Thank you! Cheers!

[@tntcomicbooks]

Andy, how safe are the major physically backed ETF’s such as GLD and SLV if the large lot holders request delivery/redeem their shares for physical bars? I don’t believe any ETF is fully physically backed with inventory and as redemption start to occur they may not have the ability to repurchase inventory for new lot issuances. Seems there may be risk for the smaller investors. Given my limited knowledge but it is my understanding that giant companies like Black Rock and JP Morgan control these ETF’s and thus the physical assets. Stacking is a great option for certain investors but many can’t or don’t want the risk of having these coins and bars in their bedroom closets. I always believed that the ETF’s were safe but if the silver inventories are truly depleting so quickly will the average investor be at risk down the road?

[@naturalresourcestocks]

Hi, not Andy Schectman this is Andy Millette. That’s a great question and I have owned/own both the ETF’s - the trade in and out of them, and physical. I think the answer really lies in your risk tolerance. Ultimately though the safest is physical. There are also services that will store it for you.

[@stratcaptain66]

Believe it or not, your coins and bars are safer with you than in an ETF with Blackrock or the like. The ETFS are just bets on the silver or gold price. For every 1 oz of silver in a fund, there is approximately 500 paper ozs. So when the music stops…will you have a chair?

[@daussamp8054]

Its the perfectly planned scenario for the pseudo government to confiscate our metals.

[@richardchiriboga4424]

Andy Schectman is always ìnteresting to listen to. I alway learn something!!!

[@naturalresourcestocks]

Thanks for the feedback, Richard!

[@richardchiriboga4424]

Costco is selling something like 200 million a month in gold. Somebody is waking up.

[@naturalresourcestocks]

John Rubino and I talked about that

[@mikemassey7403]

Get long silver, ready for huge breakout.

[@naturalresourcestocks]

I think you are right