Andy Schectman Reveals That Gold & Silver Are Experiencing Something Much More Significant.

by | Jun 9, 2023 | Silver IRA | 4 comments




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The popularity of Gold IRAs in America has exploded recently due to a combination of factors, including economic uncertainty, tax advantages & the need for diversification in investment portfolios.

Many investors view gold and silver as a safe haven asset class that can provide a hedge against inflation and protect their wealth in times of economic downturns.

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As more people become aware of these benefits and seek to diversify their portfolios, the popularity of Gold and Silver IRAs is expected to continue to grow and hence making them even more reliable.

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The blog covers topics such as the benefits and drawbacks of investing in precious metals, the various types of gold and silver investments available, and how to set up a Gold IRA or Silver IRA.

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The blog also features reviews of companies that offer Gold IRA and Silver IRA services and products, as well as market updates and news related to precious metals investing.

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Something far bigger is happening with gold and silver, says Andy Schectman of Miles Franklin, a precious metals investment company. Schectman argues that current macroeconomic conditions are driving investors towards precious metals as a safe haven asset, and this trend is set to continue for some time.

Schectman believes that the current global economic climate is fraught with risk, with many countries struggling to manage the fallout from Covid-19 and mitigate the economic damage it has caused. This has resulted in unprecedented levels of government debt, high unemployment rates, and an uncertain economic outlook. He argues that these conditions are driving investors towards precious metals and away from other assets, such as stocks and bonds, that are typically viewed as safer investments.

One key factor driving the shift towards precious metals is the debasement of currencies. Governments around the world have been printing money at an unprecedented rate, with many countries pursuing policies of quantitative easing. This has led to concerns about inflation and currency devaluation, making precious metals an attractive option for investors looking to protect their wealth.

In addition to concerns about currency debasement, Schectman also points to rising geopolitical risks as a factor driving the demand for gold and silver. Political tensions between nations, such as those between the US and China, have heightened the need for safe haven investments, and this is happening at a time when gold and silver prices are low, making them more appealing than they would be otherwise.

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According to Schectman, this trend is set to continue for some time, and there could be significant upside potential for gold and silver investments in the coming years. He argues that current levels of demand are already outstripping supply, and this is likely to continue as more investors seek to diversify their portfolios and protect their wealth.

While Schectman acknowledges that there are risks associated with investing in precious metals, he believes that the rewards outweigh the risks. He argues that gold and silver have a long history of holding their value, even in times of economic turmoil, and that they are likely to continue to do so in the current climate.

In conclusion, something far bigger is happening with gold and silver, with current economic conditions driving investors towards precious metals as a safe haven asset. With rising political tensions and concerns about currency debasement, Schectman believes that demand for gold and silver is set to continue for some time, creating significant opportunities for investors who are willing to take on the associated risks.

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4 Comments

  1. Sabula Mahendra

    Beware of “paper” gold certificates. There is a tiny fraction of actual gold compared to the paper that declares its worth. Hold gold and silver yourself. You can’t use it if you don’t have possession forcing it.

  2. serg C

    What bs

  3. TheTeaserking

    Great title lol u forgot to speak about it. Raising int rates dont stop inflation. U own gold because of the fiat going to 0. Smh professor knows andy clueless

  4. TheTeaserking

    Andy andy andy just talking to hear himself talk same video 100 times over. We know theres strong demand. U hopd gold because of fiat currency thats paper.

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