Andy Schectman: Significant Changes in Silver Anticipated Within the Next Three Months – Silver Warning

by | Jun 12, 2023 | Silver IRA

Andy Schectman: Significant Changes in Silver Anticipated Within the Next Three Months – Silver Warning




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LEARN MORE ABOUT: Precious Metals IRAs

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

REVEALED: Best Investment During Inflation


Andy Schectman, the CEO of precious metals dealer Miles Franklin, is warning investors that silver is about to go through a massive change in the next three months. Schectman believes that the bull market in silver is just getting started, but the market is about to undergo a major shift.

In a recent interview, Schectman said that silver is now being seen as a strategic metal, not just a monetary metal. He points out that silver is used in a wide variety of industrial applications, including electronics, solar panels, and medical devices. As these industries continue to grow, demand for silver will increase.

Schectman also notes that there is a major supply deficit in the silver market. According to him, the silver market has been in a deficit for the past decade, and that deficit is only getting worse. This means that demand for silver is outstripping supply, which is putting upward pressure on prices.

The biggest reason that Schectman is warning investors about a massive change in the silver market is due to the increasing interest in silver from retail investors. In the past year, there has been a surge of interest in silver as a safe-haven asset and as a hedge against inflation. This surge of interest has led to a spike in demand for physical silver, which has created a shortage in the market.

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Schectman believes that in the next three months, we will see a huge shift in the silver market. He predicts that premiums on physical silver will continue to rise, and that the spot price of silver will diverge from the paper price. He also believes that the supply deficit will become more pronounced, which will put even greater pressure on prices.

For investors who are looking to invest in silver, Schectman recommends purchasing physical silver. He advises investors to avoid paper silver, such as ETFs and futures contracts, as they do not provide the same level of security as physical silver.

In conclusion, Andy Schectman is warning investors that there will be a massive change in the silver market in the next three months. As demand for silver continues to outstrip supply, and as interest in silver continues to grow, the market is set for a major shift. Investors who are looking to invest in silver should consider purchasing physical silver to take advantage of this bull market and protect against inflation.

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