Something Big Going Down – JP Morgan Cornering Silver Market, For Whom? w/ Andy Schectman
Andy Schectman, President of Miles Franklin, rejoins the show to discuss the obvious out of whack conditions that are hitting the silver market. Not only are the prices below cost to quarry, but silver is also being hoarded by the most sophisticated traders in the world. In particular, JP Morgan has accumulated a mass hoard that is 10 times the size of the stash attempted by the Hunt Brothers before they were forced by authorities to stop purchasing. So why […]
Andy Schectman, President of Miles Franklin, rejoins the show to discuss the obvious out of whack conditions that are hitting the silver market. Not only are the prices below cost to quarry, but silver is also being hoarded by the most sophisticated traders in the world. In particular, JP Morgan has accumulated a mass hoard that is 10 times the size of the stash attempted by the Hunt Brothers before they were forced by authorities to stop purchasing. So why has JP Morgan been allowed to buy at these levels, obviously cornering the market? Schectman and I dig into this issue and other anomalies in the market.
You can reach Andy Schectman at http://MilesFranklin.com or on his email at [email protected]
For my Patreons, Andy Schectman shares what is the best way to buy silver and why. You can see that at http://Patreon.com/SarahWestall
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Important Information Shared on the Show
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Andy Schectman Biography
Andy has been a prominent figure in the financial services industry for 25+ years. Andy has distinguished himself as a reputable speaker on economics, global investing, and foreign currencies. Andy recommends himself and his team to assist you with all your precious metals investments.
You can reach Andy Schectman at http://MilesFranklin.com or on his email at [email protected]
See the full Interview on YouTube
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