Get Ready, Americans: Andy Schectman Predicts SILVER SQUEEZE and Reveals SILVER Price Forecast

by | Apr 21, 2023 | Rollover IRA

Get Ready, Americans: Andy Schectman Predicts SILVER SQUEEZE and Reveals SILVER Price Forecast




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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.

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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.

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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.

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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.

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.

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The silver market is heating up, and Americans need to be prepared for what many experts are calling the “silver squeeze.” Andy Schectman, the CEO of Miles Franklin, a leading precious metals dealer, is one such expert who has been sounding the alarm bell about the silver market for months now.

According to Schectman, several factors are converging to create the perfect storm in the silver market. First and foremost, there is a growing physical demand for silver as investors rush to protect themselves against inflation and the devaluation of fiat currencies. As more and more people wake up to the fact that the U.S. dollar is losing value, they are turning to silver and other precious metals as a safer store of wealth.

At the same time, the supply of physical silver is becoming increasingly constrained. The pandemic has disrupted mining operations and global supply chains, making it more difficult to get silver out of the ground and into the hands of investors. This has led to shortages of physical silver, which are likely to continue for some time.

The result of these converging factors is a squeeze on the silver market, with demand outstripping supply and driving up prices. Schectman predicts that we will see an “explosion” in the price of silver in the coming months, as investors rush to buy up whatever physical silver is available.

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And this is where Americans need to be prepared. While many people have invested in silver through exchange-traded funds (ETFs) and other paper assets, these investments do not necessarily represent actual ownership of physical silver. In the event of a silver squeeze or shortage, investors with paper silver may find themselves unable to actually take possession of the metal.

Schectman advises investors to buy physical silver and keep it in their possession, whether that means storing it at home, in a safe deposit box, or with a reputable dealer. He also recommends buying silver in smaller denominations, such as one-ounce coins and bars, which are more easily divisible and tradable in a pinch.

The bottom line is that Americans need to take the silver market seriously and be prepared for a potential squeeze. With demand for physical silver on the rise and supply becoming increasingly constrained, the price of silver is likely to climb higher in the coming months. Investors who are prepared with physical silver in their possession are likely to fare better than those who are relying on paper assets alone.

Truth about Gold
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