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Gold Revaluation Could SHOCK People | Andy Schectman
Miles Franklin Precious Metals CEO Andy Schectman asserts that central banks are strategically accumulating gold, while hinting at a potential revaluation that could significantly impact the global economy. He references a historical conversation involving Henry Kissinger, emphasizing that maintaining a gold standard provides countries with substantial leverage in international finance. Andy believes that this revaluation could be a method for central banks to manage debt and inflation without resorting to outright hyperinflation or default. He warns that as more people begin to recognize gold's value, the availability of precious metals will dwindle, making proactive investment crucial now. Ultimately, he posits that those who hold gold will hold the power in an increasingly uncertain financial landscape.
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INTERVIEW TIMELINE:
0:00 Intro
1:15 Hurricane Milton & supply chains
6:30 Financial hurricane
15:30 The U.S. government is bankrupt
20:30 Bullion inventory
25:00 Weekly specials & inventory
35:00 Gold revaluation
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