Andy Schectman’s Warning: Silver is Undergoing a Secret Transformation Along with Gold

by | May 26, 2023 | Self Directed IRA | 3 comments

Andy Schectman’s Warning: Silver is Undergoing a Secret Transformation Along with Gold




Learn How To Protect Your Wealth With Gold & Silver –
Hedge Your IRA/401(k) With A Free Gold IRA Guide –
Protect Your Wealth With A Free Silver IRA Guide Instead –

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.

Additionally, Gold and Silver IRAs offer tax advantages and provide a way to invest in precious metals without the risks and costs associated with physical ownership.

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.

If you’re like most smart investors and believe in the value of Gold or Silver but unsure about Gold & Silver IRAs, I recommend these guides to learn more about how they can help you protect your retirement savings.👇

Learn More About Gold IRA –
Learn More About Silver IRA –
Here Are The Best Gold IRA Companies (Compared) –

Gold IRA Blueprint is a blog that provides information, tips, and advice on investing in gold and silver for retirement through self-directed Individual Retirement Accounts (IRAs).

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.

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.

See also  Exploring the Pros and Cons of Self-Directed Gold IRA: A Comprehensive Guide to Investing in Precious Metals

The goal of Gold IRA Blueprint is to educate and guide individuals who are interested in adding gold and silver to their retirement portfolios, and to help them make informed investment decisions.

Check Out Our Blog Here –

Have some friends that you think might be interested in diversifying their portfolio with Gold or Silver IRAs aswell?

Apply & Refer Friends To Get 10% Lifetime Commissions –

For example, you’ll get a $50,000 commission on a $500,000 portfolio IRA Rollover and 10% on all future purchases (even on trades that their friends and family make!).
—-
Share this video with a friend if you found it useful! Consider subscribing to the channel for videos about investing, business, retirement planning, gold IRAs, precious metals, best retirement plans, managing money, building wealth, passive income, and other finance-related content!

🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel.

👉 FINANCIAL DISCLAIMER
This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.

See also  Michael Oliver Claims It's Too Late to Prevent the Secret Silver Crash

-This video has no negative impact on the original works (It would actually be positive for them)
-This video is also for teaching and inspirational purposes.
-We’ve only used bits and pieces of videos to get the point across where necessary….(read more)


LEARN MORE ABOUT: IRA Accounts

TRANSFER IRA TO GOLD: Gold IRA Account

TRANSFER IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


Andy Schectman, the president of precious metals dealer Miles Franklin, has sounded the alarm on a “silver squeeze” that is happening right now. In an interview with Greg Hunter of USA Watchdog, Schectman warned that demand for both gold and silver is through the roof, with shortages and delays becoming commonplace.

According to Schectman, the problem lies with the bullion banks, which have been suppressing the price of silver for years through their short sales and paper contracts. But as physical demand rises and supply tightens, the banks are struggling to meet their obligations.

Schectman cited the example of the Perth Mint in Australia, which recently announced that it had sold out of all its silver coins and bars due to unprecedented demand. Meanwhile, he claimed that bullion banks were panicking and trying to source silver from anywhere they could find it.

“The demand for physical silver has never been higher,” Schectman said. “And the urgency with which people are trying to buy it . . . the wholesalers are scrambling. They can’t get enough product.”

Schectman also pointed out that the current gold-to-silver ratio, which measures how many ounces of silver it takes to buy one ounce of gold, was historically high at around 90:1. This means that silver is highly undervalued compared to gold, and Schectman believes that this presents an exceptional buying opportunity for investors looking to diversify.

See also  Understanding Self-Directed Brokerage Accounts

But he warned that time was running out, and that the current situation could not last forever. In his view, the supply-demand imbalance would eventually force the price of silver to rise, potentially outpacing gold in percentage terms.

“When the paper price for silver is no longer going to be a true price discovery mechanism, when the paper price becomes irrelevant, it is going to be like trying to drink water from a fire hose,” Schectman said.

Schectman’s warning is just the latest expression of concern about the state of the precious metals market. Several analysts and experts have predicted a surge in gold and silver prices due to factors such as inflation, currency debasement, and geopolitical uncertainty.

However, the problem with the bullion banks and their short selling practices is a unique twist that could have significant implications for the market. If Schectman is correct about the extent of the squeeze, we could see a dramatic shift in the balance of power between physical metal holders and the paper markets.

For investors, the lesson is clear: if you want to protect yourself against economic turmoil and benefit from the potential rise in precious metals prices, now may be the time to act. But as always, it’s important to do your due diligence and work with a reputable dealer who can help you navigate the tricky waters of the precious metals market.

Truth about Gold
You May Also Like

3 Comments

  1. Karma17

    LOL on the video. It is literal AI you're using?

  2. Michael Doyle

    This is great, when God transfers the wealth to the poor, it will be equally distributed

U.S. National Debt

The current U.S. national debt:
$35,866,603,223,541

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size