Gold/Silver Price Suppression Failing? | Andy Schectman

Andy Schectman, CEO of Miles Franklin Precious Metals, discussed key developments in the precious metals market, particularly gold and silver. He emphasized the increasing resilience of precious metals, noting the unusual rise in standing deliveries on COMEX, signaling significant interest from sophisticated traders, nation-states, and central banks. Schectman highlighted the massive delivery of silver and gold, particularly noting the shift in bullion from major commercial banks to non-bullion entities, which may involve sovereign wealth funds. He also discussed the growing uncertainty in global markets, with major investors like Warren Buffett holding substantial cash reserves and treasury bonds. Schectman warned of a potential shift in the financial landscape, urging viewers to pay attention to these developments as they signal a possible coming crisis in the precious metals markets.
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INTERVIEW TIMELINE:
0:00 Intro
1:46 Gold's rebound
10:00 Insider stock selling
20:00 LBMA & COMEX
33:31 Silver vs gold
40:50 Weekly specials