Andy Schectman: The Great Reset...BRICS, Bitcoin, and the Global Gold Rush
ฝัง
- เผยแพร่เมื่อ 4 มิ.ย. 2024
- In this episode with Andy Schectman, powered by Bitdeer Technologies Group (NASDAQ: BTDR), we explore:
- Are Silver and Gold prices being suppressed by West to the benefit of the East?
- The US dollar's death by "a thousand cuts"
- The rise of BRICS and central banks buying gold
- Commodities markets getting cornered and the West getting "pick-pocketed"
- What is the solution to all this sovereign debt?
- Will US remain the global reserve currency?
Andy Schectman is the President and Owner of Miles Franklin, an investment company specializing in precious metals that Andy founded with his father in 1989. Miles Franklin recently surpassed $10 billion in sales. Prior to starting his company, Andy became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments.
To invest in gold, silver and precious metals from Miles Franklin, email info@milesfranklin.com and mention Natalie sent you. Or call 952-929-7006 and mention Natalie.
Follow Andy on X at / milesfranklinco
⚡ Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at bit.ly/bitdeercoinstories.
----
Natalie’s Promotional Links:
✔️ Bitcoin Nashville is July 25-27, 2024! Get 10% off your passes using the code HODL at b.tc/conference
✔️ This year Bitcoin 2024 debuts in Asia -- May 9-10, 2024 in Hong Kong! Use HODL or this link for 10% off: asia.b.tc/discount/HODL
✔️ Buy Bitcoin, secure it through multisig Collaborative custody, start a Bitcoin IRA or take out a Bitcoin loan with UNCHAINED: shorturl.at/jmW29 promo code Natalie
✔️ Get 5% off your Bitcoin cold storage solutions at Coinkite, including the ColdCard wallet: shorturl.at/apsLU
✔️ Master Bitcoin Self-Custody and gain peace of mind with the help of The Bitcoin Way. www.thebitcoinway.com/partner...
✔️ CrowdHealth offers the Bitcoin community an alternative to health insurance. I now spend just ~$100 a month on my health care. Sign up: www.joincrowdhealth.com/natalie
✔️ Connect with Bitcoiners and Bitcoin merchants wherever you live and travel on the Orange Pill App: shorturl.at/gvxS3
-- This podcast should not be construed as investment advice --
🗒️ IN THIS EPISODE:
00:00 Founding Miles Franklin
2:01 Gold and silver are wealth, not investments
2:50 Interest in precious metals
4:17 Gold price; tier one assets
7:40 Bitdeer Technologies Group promo
8:39 Silver price, mining, uses
12:37 Precious metals price manipulation
15:25 BRICS accumulating precious metals
23:34 US dollar divestment, controlled demolition
30:57 Bitcoin 2024 promo
31:29 Coinkite Coldcard Wallet promo
31:49 CrowdHealth promo
32:10 The Bitcoin Way promo
32:44 What happened to the American Dream?
40:53 Sovereign debt problems
48:24 Gold, Bitcoin, Universal Basic Income
57:13 CBDC
1:03:29 Fiat failures vs. trustless Bitcoin
💡 OTHER RESOURCES
Natalie’s website: talkingbitcoin.com/
Miles Franklin milesfranklin.com/
💰 VALUE FOR VALUE - SUPPORT NATALIE’S SHOWS
Strike ID strike.me/coinstoriesnat/
Cash App $CoinStories
FOLLOW NATALIE ON SOCIAL MEDIA📱
🐦 Twitter / natbrunell
💻 Instagram / nataliebrunell
👔 Linkedin / nataliebrunell
Producer: Aron Bender / aron-bender
DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #crypto #money - บันเทิง
Subscribe to never miss episodes of the Coin Stories Podcast with Natalie Brunell: th-cam.com/users/nataliebrunell. Beware of impersonators and scammers on TH-cam and all social platforms. We will NEVER ask you for personal information or to send money anywhere. Links to our promotional partners are in the show notes. Thank you for watching!
Have you considered PAX Gold crypto? Thats portable.
Here are a few points that Mr. Shekman neglected to mention about how terrible Gold & Silver are as investments.
Firstly, the spreads charged to buy those metals are astronomically high. For example, today the spot price is $25 an oz, but a 1oz Silver Eagle sells on Kitco today for $34, marking a 27% spread. This premium disappears when you try to sell back. An investor in that silver would need the price to move UP 30% JUST TO BREAK EVEN. Indeed, Mr. Shekman certainly 'pays himself first,' as he emphasized in the interview.
Next, Bitcoin's success is demonetizing precious metals, as Michael Saylor rightly points out. The edge buyer in any market sets the price, and that edge buyer is moving to Bitcoin, draining the monetary premium from them. Silver now has a total market cap smaller than BTC. Also, while Skekman mentions the government price suppression of Gold/silver, he doesn't mention how effective it's been. Silver was $50 in 2011. Today it's $25.
Now adjust those 'returns' for 13 years of inflation, and your purchasing power is destroyed, making it the WORST possible investment of ANY asset. Moreover, when Wall Street Silver sent the price slightly higher a few years back, the CFTC responded by simply reseting margin requirements higher and instantly broke the price run.
Imagine every time BTC started to run higher, the government jumped in to smash the price. Investors want to make money, not fight city hall.
I won't even get into the benefits of BTC vs. the monetary metals, but it it is interesting that his business started selling Swiss financial products, and then shifted to precious metals. if I were to guess, the reason for this is that gold and silver are the purview of unsophisticated investors, who don't necessarily understand investing, and don't see how they're being taken advantage of by the spread of all the other monkey business in the market. Sadly, these people people don't have a lot of money to lose. So while I believe in free speech - I don't necessarily think individuals like this guy, or Peter Schiff, should continue to be given platforms by bitcoiners to spread their fud or taught their awful 'investments' as they do end up wrecking a lot of beginners who would be better just buying and holding bitcoin. (of even the S&P for that matter).
Thanks, and sorry for the long post, but I don't want anyone watching this to understand what they're getting into if they decided to buy gold or silver.
Hopefully the precious metal naysayers who are posting here are deeply invested in the Dow. So they can watch and learn as their investments tank over the next few months…
Hey Natalie! Thanks for deleting my reply, which politely pointed out what a horrific investment Mr. Andy is peddling. Good to know that you’re perfectly fine seeing your audience get wrecked financially. Duly noted….
What's the number that keeps changing on that machine behind you related to? Thanks!
Love your show, insights and guests. Keep crushing it Natalie! Thanks!
B
As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advise like Rolando Diaz..
Te/e gram
@Rolandostrategy THAT IS HIS USER NAME
please make sure you write the USER NAME complete and He's verified
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
HOW
....!! I know it's possible, I would appreciate if you show me how to go about..
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.
Please ,,I'm new here how can i contact her???
Greetings from Australia 🇦🇺!!! More awesome T.A. with mrs Devion Jane! Keep driving those Bullas! 48K BTC? Oh Yeah. Cheers, Mate
She is really a good investment expert. was
privileged to attend some of her seminars.
That is how I started my crypto investment
This may be one of my favorite interviews! Andy is brilliant and Natalie did a wonderful job.
"In financial markets, history often repeats itself. Artur Grandi's book provides a clear formula for stabilizing investments and suggests potential areas for investment, including cryptocurrencies."
Brilliant conversation! Thanks for bringing Andy on your show. Really enjoyed it! 🙏🏼
This gentleman is highly informed and honest. Great podcast, subscribed.
I watch Andy all the time. I have to say this was one of his best summaries of what is going on.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs. Helen Valeria, imagine investing $12,000 and received $305,500
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment
She must be really dedicated and well trusted for people to talk much good about
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways
Wow. I'm a bit perplexed seeing Mrs. Helen Valeria . name been mentioned here also. Didn't know she has been good to so many people
I'm new to this and have heard that now is an excellent time to buy. However, I currently have cash sitting in my bank account that I would really like to put to good use because inflation is at an all-time high. Who is this coach that you mention, and how do i reach her
Great interview! Thank you, Natalie. Andy Shechtman is a key intersection of most profound insights and everyday common sense.
Here are a few points that Mr. Shekman neglected to mention about how terrible Gold & Silver are as investments.
First the spreads charged to buy those metals are astronomically high. For example, today the spot price is $25 an oz, but a 1oz Silver Eagle sells on Kitco today for $34, marking a 27% spread. This premium disappears when you try to sell back. An investor in that silver would need the price to move UP 30% JUST TO BREAK EVEN. Indeed, Mr. Shekman certainly does 'pays himself first,' as he emphasized in the interview.
Next, Bitcoin's success is demonetizing precious metals, as Michael Saylor rightly points out. The edge buyer in any market sets the price, and that edge buyer is moving to Bitcoin, draining the monetary premium from them. Silver now has a total market cap smaller than BTC. Also, while Skekman mentions the government price suppression of Gold/silver, he doesn't mention how effective it's been. Silver was $50 in 2011. Today it's $25.
Now adjust those 'returns' for 13 years of inflation, and your purchasing power is destroyed, making it the WORST possible investment of ANY asset. Moreover, when Wall Street Silver sent the price slightly higher a few years back, the CFTC responded by simply reseting margin requirements higher and instantly broke the price run.
Imagine every time BTC started to run higher, the government jumped in to smash the price. Investors want to make money, not fight city hall.
I won't even get into the benefits of BTC vs. the monetary metals, but it it is interesting that his business started selling Swiss financial products, and then shifted to precious metals. if I were to guess, the reason for this is that gold and silver are the purview of unsophisticated investors, who don't necessarily understand investing, and don't see how they're being taken advantage of by the spread of all the other monkey business in the market. Sadly, these people people don't have a lot of money to lose. So while I believe in free speech - I don't necessarily think individuals like this guy, or Peter Schiff, should continue to be given platforms by bitcoiners to spread their fud or taught their awful 'investments' as they do end up wrecking a lot of beginners who would be better just buying and holding bitcoin. (of even the S&P for that matter).
Thanks, and sorry for the long post, but I want anyone watching this to understand what they're getting into if they decided to buy gold or silver.
I love Andy. Everything he says makes sense.
But following him resulted in my losing a lot of money.
Especially in SILVER
Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world." ~ Henry A. Kissinger. The world economic Forum motto
Andy is great and highly educated: this girl is dead wrong! BRICS is moving rapidly! Forty more companies are jumping on board this year to include Venezuela!
The biggest argument for gold and silver as opposed to bitcoin is one word: BRICS.
Who cares what fiat or metal BRICS uses? Anything else than Bitcoin is inferior.
So great to listen to Andy and his thesis. His precious metals background and BRICs understanding adds to the bitcoin story book. Thanks for introducing him to your bitcoin audience.
The Treasury Dept. isn't pursuing CBDC because of any inherernt stability; it's purely about control. It's programability lets them tie it to a social credit score the way China has.
The power of CBDC is its transparency. Status of all resources within the system available in real time and the collected data of trends. Feed it all into an AI powered system, optimize the usage, the allocation of all resources and bring the economic system onto a new level based on the CBDC-provided data. China will do it - so: TINA.
PS: I doubt that people would accept a "Social Credit System" so I do not fear it. ... implementing it would be possible today anyways - the power given by control over the SWIFT and ordinary banking and credit card business is enough to go this way if required / would have a chance to lead to sth that is beneficial ...
That’s true only if the NWO proponents are in control. A CBDC is based on blockchain technology and every transaction is audited. With good people in control, human sex and drug trafficking could be brought to a halt. It’s why the bankers don’t want it since they are involved in massive crimes beyond metals manipulation. Add drugs, prostitution and other crimes that hurt civilization. It could be used for fair audited elections worldwide! It’s like a gun. Do guns kill or evil people? Guns can be used for good and have for centuries so people could feed their families, protect one’s family , etc. Blockchain is not evil. It’s using it like the Chinese do that’s evil. Carbon credit scores, forcing vaccines, attack on freedom of speech in social media.
I'm proud of such a concerned young woman such as Natalie to realize what is happening to our nation and reaching out to the people who are in the midst of our monetary burden and as well as to what we all need to be concerned about. Thank you, Natalie, for your way to reach out to your generation as well as listening to the wisdom of the older generation of people. Very informative 👏 to me as a bsbyboomer at the tail end of the bunch 😅 Thank You for sharing ❤
I’ve listened to Andy on the ‘Liberty and Finance’ for years. Great to see him here and to see that he is open minded enough to embrace change/BTC.
I'm favoured, $50K every week! I can now give back to the locals in my communitv and also support God's work and the church.God bless America
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some professional advice.
Thanks to Mrs Deborah Davis.
She's a licensed broker here in the states
YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺
Gold and Silver coins in my pocket have only myself as counter party risk. The counter party risks of Bitcoin are numerous, electrical grid, government intervention, cyber security, wallet systems, players like Sam Bankman Fried, etc.
EMP.
In my opinion, Bitcoin is a fraud, a Ponzi
Thank you, Natalie for another great interview. I especially appreciate the way you ask great questions and stay out of the way of your guests. You clearly enjoy learning and giving us an opportunity to learn from them.
Love Andy!!! You guys will enjoy!!!
Thanks for this interview Natalie. Andy is amazing and he is able to peel back the curtain for us to see....and yes, it's not pretty. I have most of my net worth in Bitcoin, Gold, & Silver.
Natalie is a great interviewer.
*I love the grounded reality of this channel!!!*
Retirement took a toll on my finances, but with my involvement in the digital market, $27,000 weekly returns has been life changing. AWESOME GOD❤️
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
Wow that's huge, how do you make that much monthly?
Thanks to my co-worker (Alex) who suggested Ms Maria Angelina Alexander.
She's a licensed broker in the states 🇺🇸
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Wow that's huge, how do you make that
much monthly?
Sincerely speaking.... I will continue to trade / and stick to Sylvia / daily signals and guides as long as it works well for me....
Woah for real? I'm so excited. Sylvia nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started
I'm new at this, please how can I reach her?"
*She's on telegrams mostly, using the user name.*
Andy is a true class act and was in a very respectful way, trying to get Natalie to understand that all eggs in one basket is never a good thing. She seems very resistant to physical assets, which have stood the test of time and SHOULD NOT be blamed for all we see with regards to dedollarization that is playing out before us. Gold and silver are not the enemies, however narrow minded souls who only believe there is one path to hope and prosperity are. What happens to your bitcoin - that you don't actually own... when the power goes out? Cyber attacks are a real thing. If you don't hold it Natalie, you don't own it. As Andy stated, why be at war with Gold and Silver when their should be a marriage between the crypto and physical assets. And with regards to your wealth, when would you see yourself needing to transport it all over the place? There will always be some form of reliance on a third party, whether that be electricity or a physical asset.
You are 100% right. 0:42 GOLD is Real Money 💰 Bitcoin is a Ponzi game
Little-by-little by little Bang. Thanks, Andy and Natalie.
All at once 😂
This has been the best interview I've seen in years of watching the markets, prepping, war etc..
Well done. Both of you ❤
“Is it too stupid to be stupid?” So often I’ve heard people say that the actions/policies that I see as corruption are just incompetence, not intended evil.
But the policies/actions are SO stupid that it defies belief that our leaders could be THAT stupid/incompetent.
Totally intentional which ties to selling our strategic oil reserve down to 17%, and selling much of it to China 🇨🇳??? Biden’s ties to China. Mitch McConnell’s ties to China! It’s all a plan to reduce the US standard of living. I personally heard about 15 years ago at the Princeton Club in Manhattan, a Federal Reserve Governor say, “it’s not fair that the U.S. has a higher standard of living than the rest of the world!” Understanding that the FED is not part of our government but a consortium of Bankers, many European, it all makes sense! Think WEF, “we’ll own nothing and be happy.”
When we started buying metals, the one thing making me reluctant to pull the trigger was i felt most of the metal dealers acted like car salesmen. I have a classic MBA and worked many years in international environment, but when I spoke with lots of these gold dealers, I realized I knew more than they did. I felt like they were scamming me. Andy S and his team were different and super honest. A few years ago maybe 3-4 years, I heard Andy speaking with Mike Adams and how the spot price works and why he doesn’t spend customers money on advertising! Andy is always the smartest guy in the room. I would highly recommend Miles Franklin! Good luck and you need to grow food..have security plan! So you can sleep well.
Andy speaks a truth that others not really interested in
I love and appreciate the wealth of primary source information from ASchectman. What a valuable resource. Brilliant, many thanks.
Absolutely brilliant dialogue with a man of great intellect. Thank you so much 😊
You know its a good interview when TH-cam puts 'context' in the description
Hello from Whistler. Thank you for all you do.
Hi Natalie, I'm a recent sub and I just wanted to say that I find your interviews so informative. You're now a must watch on my feed. Thank you.
Andy is exceptional as regards macroeconomics and is capable of making the dots connect. Please invite him back.
33% of each gold, silver & BTC allocation is a huge step for someone who’s core business is precious metals
“It is not large spending accounts, it’s owning lots of assets” sooooooo important!
Natalie: this is a real home run! Great interview! You are an awesome interviewer!!!!! I have never seen Andy so on message..........great job Andy!
Great interview Natalie. So glad to hear about international monetary networkings. Big smile here regarding Andy's orange pilling :)
I'm a long time Andy follower, with that said, my question about Bitcoin is, where does it go if major power failure for an extended period happens? And in today's world, it's not far fetched anymore.
I would say the answer to that is Bitcoin and Gold will not be what we will be worrying about or which is better. Think about 90% of all people without the net…DEVASTING CHAOS!!!
When the lights go out and you need something to keep you alive, you will see the value of having a few silver or gold coins in your pocket.
@@stephenferlita5756 yup, I'm in the 10%. I'm good to go... tangible survival
Yes and that would be a weapon you are proficient with….
Bitcoin's not much good in an emergency situation, power grid or no. It doesn't have enough credibility or adoption to be used "as-is" without conversion to fiat. If you can't even do that due to a power outage ... well, like I said, don't count on it in an emergency
Natalie so grateful you have such a stable and uplifting vibe!
Even TH-cam agrees with Andy by giving this video a context label.
This is probably my 100th Andy Schectman interview if not more. He is a true believer. I see a David Hunter interview too. Add that to the que. Great guests.
Agree! with you,Mr Andy Schectman.Thank you.Regards.
Love this interview, you really brought out Andy's intellect! excellent job.
Best interview I've seen with Andy.
I love Andy. Everything he says makes sense.
But following him resulted in my losing a lot of money.
Especially in SILVER
@@French_Connectionhe’s made himself clear- just wait 200 more years, you’ll be up by about 12% 😂
I totally agree. I have gold, silver, bitcoin, alt coins, guns, ammo, cash, food. Andy should be in a government position in 2025.
Terrific interview and appreciate the incorporation of this guest and content. Thank you.
Great interview… Andy is a treasure trove of information, and he’s a good guy too… 😉👍❤️🇺🇸🏁
Great to see you thank you for your contribution Andy Shackman he's a legend
Please have him on often. Great interview and guest ❤!
Youre killing it Nat! Great guest. I love BTC! He was so fair!
Natalie is so beautiful! There I said it.
Thanks for having Andy on, I learned a good bit!
Wow Andy 🎉 what a great job well explained in touch individual eye opening conversation!!! And thank you Natalie for the video ❤❤
Great show, will follow from now on.
Natalie, thank you for the show, it was very interesting!
Banger episode. Thanks Nat!
How blissfully ignorant previous generations were with such info in the hands of few. Thank you for spreading the knowledge to the masses👌🏻
One of the best interviews. Great conversation
One of your best interviews. I enjoy your show.
"That's why they call it the American Dream, because you have to be asleep to believe it." -George Carlin
This guy is ahead of his time. I felt like the interviewer got left behind at times. Lol
Excellent. Balanced and informative
Awesome conversation ⚡️⚡️⚡️✨ I always choose both. 😁✨ Thank you for shining your light, Natalie. Thank you for sharing your knowledge.
Really a very good episode thank you both very much!
Lovely smart woman giving a great interview to one wise dude.
Pleasantly surprised by Andy!
Wow 😍
Always so much good perspective on what's happening on the ground
Natalie... Starting to like your interview including cryptos 🥰
Great guest today, solid insights…
Excellent conversation
Very smart guy…and well spoken. It’s good to hear alternate voices and opinions.
Best interview about future of money todate! Kudos
I'm a member of the people Garry and In think you are just brilliant. I would really miss not listening to you each day, does that make you feel loved enough, I hope so.
great guy! at his age, his mindset and strategy is already pretty great 👍
Gold, Silver, Bitcoin 🤘
Awesome interview, both of you guys are unique 👍🙏🙏
Thank you for hosting Andy, Natalie. And thank you for the balanced measured view Andy. I am a huge Bitcoin maximalist. However, a lot of these young whippersnappers just do not understand the markets and the dangers inherent going ALL in on BTC
You should go all in on bitcoin. Bitcoin is and will continue to outcompete the S&P, Gold, Real estate with rent, etc.
Bitcoin is the endgame
Bitcoin's lowest price per year.
2013: Around $13.36
2014: Around $318.44
2015: Around $220.18
2016: Around $368.80
2017: Around $952.18
2018: Around $3,194.88
2019: Around $3,743.78
2020: Around $5,412.88
2021: Around $29,041.46
2022: Around $15,000.00
2023: Around $25,000.00
2024: Lowest price Around $39,000
Todays price $70kish
Bitcoin is a store of value
Hi Natalie, awesome interview, this is what I am looking for. Please have Andy back more often, also please also consider David Morgan, Rich Rule, and David Lin (also a TH-camr but would love to have you interview him, or vice versa). I am now a subscriber! Thanks again and keep up the good work!!!
Natalie is doing the lord’s work with these good in depth interviews with knowledgeable people ❤
An excellent video! Thank-you!
Very very good! Thank you!
Wonderful interview which was just spilling over with wisdom and integrity :))
I love Andy. Everything he says makes sense.
But following him resulted in my losing a lot of money.
Especially in SILVER
very important talk, thanks
You are a great listener. It's a skill I would love to have. Maybe it's not too late. :)
Natalie, I am new to the channel but I love your interview style and your guests. You are a smoke-show and a great journalist. 🎉 😂
I’m 64. Gold sucks. $800 - $900/oz in early 80’s. Fell to $250. Went nowhere for 30-40 years. Now it’s finally holding above $2000. So $800 to $2250 in 40 years. Meanwhile almost any big tech company is up 10,000% or more. Own great companies. Gold is a joke.
Sure big tech is good but bitcoin is up 9 million % in only 15 years and it’s not stopping here.
Gold beats S&P 500 by 4% of inflation is accounted for.
Gold beats my 401K by 3X...i did some detailed math and figured out how much physical gold i would have right now, if i would've just bought gold coins instead of feeding my 401K for the last 35 years...i would be 3X better off right now (gold prices, taxes, inflation, everything figured into it). All of the plans are scams.
Gold isn't going to do good until people have no hope In others. it's insurance, not profits.
It's a game of musical chairs. Gold is your way of purchasing a chair.
@@BigTomInTheBasementnot true
EPIC interview
Love luv 💜 Andy - Thanks!
Andy YOU are a rare commodity so to speak , so copiously needed to spread the good news concerning Silver and yes even Gold good buddy yes you are a chip off the old block meaning your father for he was a good fellow. Selah ✝️ Shalom 👍
I need to chime in again because I loved this interview so much! I'm delighted to hear that Mark & Natalie orange pilled Andy. And kudos to Andy to have an open mind to be orange pilled. I find it amazing that he said that he now has 1/3 of his portfolio in bitcoin. I hope it's in cold storage! Way to go Natalie and way to go Andy!
I don't think he was saying he converted 1/3 of his portfolio to Bitcoin. That's fairly extreme considering the business Andy is in. It's more likely he meant he's started dividing his *new* purchases into 1/3 gold, 1/3 silver, 1/3 Bitcoin
Andy has been buying gold and silver every two weeks for the past 30 years. 18 years ago he sold almost everything -- including his house -- to buy silver at $9 and then sold that silver at $42, a 450% return In other words, Andy is FILTHY RICH. He could probably put all his new investing into BTC and not care if BTC goes to zero. In fact, it wouldn't surprise me if he's buying Bitcoin for the sole purpose of sounding sincere about it on a bunch of new channels. He's already saturated all the gold channels and he wants a new audience.
The reason oil fell to-$40.00 a barrel was that at that time all the oil storage facilities were FULL. Ships were stacking up waiting for storage to come available. It cost $200,000 per day to wait for each ship. It was cheaper to pay someone to take the oil than it was to wait a week to 10 days.
thumbs up for Andy
Great interview!
Nice to see Andy a genuinely terrific guy he's been constantly hammering on about silvers extreme under value and I think he's going to be right soon! My first sound money investment was silver many yours ago. I feel the same way as Andy why not own some bitcoin as well as gold and silver that been my philosophy all along.
BITCOIN IS A PONZI
Thanks
NATALIE, YOUR PROGRAM WAS SO GOOD. I HAVE USED ANDY'S FIRM FOR MANY YEARS AND USED TO GO TO HIS OFFICE IN MINN.
BEFORE COVID. DO NOT KNOW ABOUT IT ANYMORE. BUT A FIRST CLASS FIRM. I WILL START LISTENING TO YOU AS THIS IS THE FIRST TIME I SEEN YOU. BEST OF LUCK IN THE FUTURE AND HAPPY EASTER. JOE
Natalie has great guest, I strongly suggest watching her FULL interview with Luke Gromen from last week… very powerful 👍
Great episode
What a reasonable guy!