Silver Market Trouble: Andy Schectman Warns of Potential Issues Ahead

by | Dec 15, 2023 | Silver IRA | 2 comments

Silver Market Trouble: Andy Schectman Warns of Potential Issues Ahead




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Silver has long been regarded as a valuable commodity, with its uses ranging from industrial to investment purposes. However, recently there has been concern in the silver market as experts warn of potential trouble ahead if certain events occur. Andy Schectman, president of Miles Franklin, a precious metals dealer, has highlighted some key indicators that could spell trouble for the silver market if they happen.

One of the major warning signs that Schectman has pointed out is the increasing demand for physical silver. In recent years, there has been a surge in demand for physical silver from both retail and institutional investors. This demand has put pressure on the supply of physical silver, leading to shortages and higher premiums for physical silver products. If this trend continues, it could signal a potential crisis in the silver market as the supply struggles to keep up with demand.

Another concern that Schectman has raised is the potential for market manipulation. The silver market has a long history of being manipulated by large financial institutions and hedge funds. Schectman warns that if these manipulative practices continue unchecked, it could lead to a collapse in the silver market, causing significant losses for investors and destabilizing the market as a whole.

Additionally, Schectman has expressed concern about the role of central banks in the silver market. Central banks have the ability to influence the price of silver through their monetary policies and interventions in the market. If central banks continue to suppress the price of silver through their actions, it could have serious repercussions for the market, leading to volatility and uncertainty for investors.

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In light of these warning signs, Schectman advises cautious optimism for investors in the silver market. He suggests that investors should closely monitor the demand for physical silver, as well as keep a close eye on any signs of market manipulation and central bank interventions. By staying informed and vigilant, investors can position themselves to navigate potential trouble in the silver market and protect their investments.

In conclusion, the silver market is facing potential trouble if certain events occur, according to Andy Schectman. With increasing demand for physical silver, concerns about market manipulation, and the role of central banks, investors should be mindful of these warning signs and stay informed about the market. By doing so, they can better position themselves to navigate any potential challenges in the silver market and protect their investments.

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2 Comments

  1. @christopherparsons3224

    Other than industrial applications, which can be worked around with alternate materials, silver and gold are shiny trinkets. Oil is the new gold. Platinum and Lithium also could arguably be more useful and valuable than silver and gold put together, due to the automotive industry. Everyone spouting about silver and gold are probably stuck holding it, looking to sell it off, while desperate for cash. He keeps mentioning BRICS and that tends to revolve around OIL and what they pay for OIL with. No one will trade silver or gold for food or oil.

  2. @carltonyoung9759

    Why did you take this podcast from the “Silver Slayer” and then post a false title?

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