Andy Schectman’s Silver Price Forecast: Prepare for Significant Changes in the Market and Outpace the Crowd.

by | May 29, 2023 | Self Directed IRA

Andy Schectman’s Silver Price Forecast: Prepare for Significant Changes in the Market and Outpace the Crowd.




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The silver market is about to experience some massive changes, according to Andy Schectman, the president of Miles Franklin, a precious metals dealer. Schectman predicts that in the next few years, a surge in demand for silver will cause its price to skyrocket.

Schectman suggests that the current low price of silver is not reflective of its true value. Instead, he believes that the market’s manipulation by large financial institutions has kept silver prices artificially low for some time. According to Schectman, the recent GameStop trading frenzy demonstrated that retail investors have the power to disrupt the manipulative actions of these institutions.

Schectman argues that the current momentum for silver will cause a paradigm shift in the market. He expects that as more investors recognize the metal’s value, the demand for silver will surge. This demand will come not just from retail investors, but also from governments and institutions who are looking for safe-haven assets in an increasingly uncertain economic climate.

Schectman’s forecast is not without precedent. History has shown that silver prices can rise suddenly and significantly. When the Hunt brothers attempted to corner the silver market in 1980, silver prices soared to nearly $50 an ounce before crashing back down to its previous level. Additionally, in the aftermath of the 2008 financial crisis, silver prices rose sharply as more investors sought out safe-haven assets.

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Schectman suggests that investors who want to capitalize on the emerging silver market should consider purchasing physical silver, such as silver coins or bullion. He believes that owning physical silver is an effective way to protect against market volatility and inflation.

In summary, Andy Schectman’s forecast for the silver market is one of optimism and opportunity. He believes that the market’s current low prices are not reflective of its true value, and that a surge in demand for silver will cause its price to rise significantly in the near future. For investors who want to take advantage of this emerging market, purchasing physical silver may be a wise decision.

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