Andy Schectman

180 posts

Andy Schectman

Andy Schectman

@ASchectman

Owner of Miles Franklin

Katılım Aralık 2020
338 Takip Edilen20K Takipçiler
Miles Franklin Precious Metals
Miles Franklin Precious Metals@MilesFranklinCo·
.@ASchectman warns that the global metals market may be approaching a major breaking point. “The price in the West is not real,” he tells @MichelleMakori. As Asia builds physically deliverable gold & silver exchanges outside the COMEX/LBMA system, Schectman says global price discovery is gradually shifting from West to East. Watch the full episode of The Real Story with Michelle Makori: youtube.com/watch?v=IMCUgG…
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Luke Gromen
Luke Gromen@LukeGromen·
"The US can't live without the USD system, and can't live with it anymore. China can't live without the USD system, and can't live with it anymore." That's the tricky part. Thanks for having me on, @MilesFranklinCo!
Miles Franklin Precious Metals@MilesFranklinCo

.@LukeGromen says the U.S. and China are trapped in a system neither side can live with anymore. “The release valve becomes the dollar.” In this episode of The Real Story with @MichelleMakori, Gromen lays out why: - gold may need to be revalued against oil - the dollar could be intentionally weakened - gold could rise to $15,000-$22,000 in a monetary reset - and in a true dollar crisis, gold could go 10X from here He also explains why central banks keep buying gold, why China may own far more gold than reported, and where Bitcoin fits into the new monetary order. Watch the full episode of The Real Story: youtube.com/watch?v=6ukTFn…

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TheGladiator
TheGladiator@TheGladiatorHC·
Andy Schectman, a leading precious metal investor says the insider money is quietly moving. BofA's Hartnett tells investors to forget stocks and bonds, commodities are the best trade for the rest of the decade. BlackRock, just dropped the 60-40 portfolio and is rotating into gold miners, copper, uranium, and energy. Gundlach, the bond king, says 25% in precious metals isn't overweight.
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Andy Schectman
Andy Schectman@ASchectman·
@LukeGromen Luke, I respect your viewpoint 1000%. Trafigura sends Venezuelan dore to Switzerland for refining, it shows up in the export data the same way. How confident are you that it’s not ultimately coming back to the U.S. instead of China given the continued large deliveries into COMEX?
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Luke Gromen
Luke Gromen@LukeGromen·
For the 5th month in the last 6, "Nonmonetary Gold" was again the single biggest export of the US in March. US gold exports were 1.7x > oil; 2x > than Rx preparations, 2.5x > aircraft engines. Biggest destination for US gold exports: China or Switzerland (& then on to China).
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Glint
Glint@Glintpay·
Can you really spend gold in everyday life? In this clip, a simple purchase in New York - a set of notebooks - is paid for using gold through the Glint app and Mastercard®. The process looks like any other tap-to-pay transaction. Customers hold real, allocated gold and can use it in daily purchases almost anywhere Mastercard® is accepted. *Sending gold is not currently available in the USA but is available in other countries such as the UK. It will be enabled once pending sound-money legislation passes. @SteveBakerFRSA @DigPerspectives @economicwarroom @jasoncozens @MilesFranklinCo @PirateMoneyx @digitalassetbuy @ASchectman
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David Bateman
David Bateman@davidbateman·
I’ve learned recently that the local coin shops can’t sell their lower grade junk silver because a) refineries aren’t buying it because it’s easier to refine 999 silver and b) they are having trouble financing hedges against their existing inventories. This is creating congestion in the silver supply chain and causing demand destruction. I’m not super up to speed on how to wholesale networks are structured, but I decided to allocate up to $200M to help clear these back logs of 90% constitutional silver. If anyone can point me in the right direction I would appreciate it. The spice must flow
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Andy Schectman
Andy Schectman@ASchectman·
@KingKong9888 My guess is a $170 floor. Basically 45 to 1 even with a current geological ratio of 7 to 1. In my mind that would be a conservative figure.
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Eric Yeung 👍🚀🌕
Eric Yeung 👍🚀🌕@KingKong9888·
It would be smart for the U.S. Treasury to revalue its 8,133 metric tons of physical gold at the mark-to-market price when physical gold hits $8,000 per troy ounce. That would become the new floor price for gold. How high do you think the new floor price for silver would be if this happens? Most people don’t understand this. #Gold #Silver
Stephanie 🇬🇧🇺🇸🦍@stephmase22

🚨🚨 GOLD TO BE REVALUED 🤔 We have been hearing rumors that Gold could be revalued for America's 250th Birthday 4th July 2026 Gold and Silver are repricing themselves so it makes sense to put it on the balance sheet.

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Andy Schectman
Andy Schectman@ASchectman·
@KingKong9888 You are one of the best sources of solid information I have ever read Eric. Please stay well and keep up the invaluable information you selflessly provide all of us. Happy new year brother!
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Andy Schectman
Andy Schectman@ASchectman·
@davidbateman You are a breath of fresh air David, Happy healthy new year and many more!
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David Bateman
David Bateman@davidbateman·
Last night I gave 100 oz silver bars to all my parents 34 grand kids and 10 great grand kids. Lots of blank stares from everyone. They don’t realize it will pay for their college education in the near future
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David Bateman
David Bateman@davidbateman·
Bought 350,000 ounces of physical silver last week during the dip at $57. Up 8.6% already. Can’t stop, won’t stop. Buying more next week. Grateful for the slam today
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Miles Franklin Precious Metals
Miles Franklin Precious Metals@MilesFranklinCo·
BRICS Quietly Activating the Biggest Shift Away From the Dollar Yet. @ASchectman breaks it down with @StackingSurfer: • mBridge is now operational • China-UAE completed a trade using digital yuan • Settles in 7 seconds, outside SWIFT • 98% fee reduction • Digital yuan now instantly convertible into gold Andy warns: once 75-90% of the global population can settle trade outside the dollar – with gold replacing Treasuries – that’s the all-at-once moment. Watch the full interview here: youtube.com/watch?v=ZCJ84P…
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The Business of Ai 🤖
The Business of Ai 🤖@ArchieIntel·
NEW: BRICS Group launches gold-backed UNIT payment system 40% gold and 60% BRICS currency basket, UNIT will allow 30+ countries to trade precious metals outside Western platforms The U.S. dollar’s days as global reserve currency are numbered
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maneco64
maneco64@maneco1964·
Silver Backwardation, Gold Revaluation and a Sputtering Economy | Interview with Andy Schectman. youtu.be/qRPNgvWEBNE@ASchectman
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