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REVEALED: Best Investment During Inflation
Andy Schectman, the CEO of precious metals dealer Miles Franklin, recently issued a warning to investors about the future of gold and silver prices. Schectman, who has more than 30 years of experience in the precious metals industry, believes that a major shift in the market is about to occur that could have a significant impact on the prices of both gold and silver.
According to Schectman, the current economic conditions are unsustainable, and a financial crisis is looming. He points to the massive amounts of debt that governments and corporations have accumulated, along with the global economic slowdown and the ongoing trade war between the United States and China, as evidence of a looming crisis.
Schectman argues that the current market conditions are favorable for gold and silver, but that this is about to change. He believes that a massive wave of selling is about to hit the precious metals market, driven by investors who are looking to liquidate assets in order to cover losses in other areas. This wave of selling, he warns, will lead to a sharp drop in the price of both gold and silver.
However, Schectman also sees this as an opportunity for savvy investors. He predicts that once the wave of selling subsides, the price of gold and silver will rebound even stronger than before, as investors look to these safe-haven assets as a way of protecting their wealth.
Schectman’s warning should not be taken lightly, especially given his extensive experience in the industry. While it is always difficult to predict the future of the market, his insights are worth considering for those who are invested in gold and silver. While a temporary drop in price may be unnerving, it could also present an opportunity for savvy investors to buy in at a lower price point and take advantage of a future rebound.
In any case, it is always wise to diversify one’s assets and consider precious metals as part of a broader investment portfolio. With uncertainty and risk present in any investment, it is essential to protect oneself against fluctuations in the market. Schectman’s warning serves as an important reminder of the importance of using caution and staying informed when making investment decisions.
Buy silver, physical silver.
Been hearing the same thing for 20 years…. Experts my azz
Ur completely wrong about gold and silver
This is Miles Franklin with Dunigan. I refuse to watch recycled audio with bullshit stock video. Thumbs fucking down for that goddamn reason. … I have the time and energy to find the speaker, Andy Shechtman, find original video, watch the man talk. Say the words, look at the fucking camera.
Congratulations on new Lamborghini!
I was thinking about a bullion banking model, and I figured that you’d have to have a digital NFT-type representative of each physical gold piece that you’d exchange. Otherwise, you’d need a generic form of all gold in the bullion bank, like Gold Eagles. The issue is that this leaves you at the mercy of spot price (no premiums), and there is no consistent premium. This all seems to result from the collector aspect of gold/silver. If/when we use it to facilitate exchange instead of the dollar, I think things will change very quickly.
I agree with Andy about gold. I agree with Andy about silver. I agree with Andy, period.
"paper assets" are an absolute ripoff. If you are going to own metals YOU MUST purchase physical assets. Period. Many paper asset companies have terms hidden in the fine print that they might not have your asset and you might not be able to obtain it if you ask. Its a total ponzi scheme!
here is the thing this is a big mistake gold and silver will be worth nothing if society breaks down you cannot use gold and silver to survive you need gas ammo food water and shelter if you have this then you will be rich and have what everybody needs the fact that people think money will be even a thought is hilarious.
This is why I purchase generic bars, lower premiums, lower overall investment, but less likely to lose that premium when or if I have to sell. I don't understand paying high premiums for silver or gold…it doesn't seem to be worth it.
If your holdings were in SILVER EAGLES the money you lost by not getting the Silver you put in could easily be $10 an OZ which if you had just a thousand ounces that would be $10,000 loss and thats not acceptable by any means.
WHEN YOU HAVE TO HIDE YOUR GOLD AND SILVER THAT YOU BUY AND WORKED FOR FROM THE GOVERNMENT THEN YOU KNOW YOU LIVE UNDER TYRANNY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Whilst India is stomping their footprint on global identity, they start wiping the gold and silver which 99% of Indian would invest in.
This market is cruel!
Pump pump pump pump pump. But then you have to don't you Andy? And as soon as you talk people into purchasing an asset you offer to the buying public…
" don't worry what I told you when you bought it will happen someday just wait"
And wait and wait and wait
… people don't understand that gold and silver is not to get rich off of. It will do you a lot of good during times of hyperinflation, which usually precedes a currency collapse. It also does you good after you die.. you hand the key to your daughter.
No probate, no inheritance tax. Out of sight out of mind.
Why doesn't Andy tell people that when silver hits 300 bucks, their McDonald's Big Mac is going to cost 75 …
Andy only needs to be interviewed once..
Then release it every two months and act like it's brand new