Feb 6, 2023
Summary:
Metals prices are getting slammed, sending gold and silver down.
Andy Schectman comes on the show to talk about the circumstances of
precious metals which, while frustrating, do not discredit the
value of these assets during this time. Volatile conditions and the
possibility of the London Metals Exchange running out of silver in
2023 speak to the fragility of the system. Gold and silver are not
commodities; rather, they are the barometer for the health of the
dollar and the US economy. Furthermore, Andy emphasizes that the
valuation of gold and silver are not subject to counterpart
liability, which will make the precious metals even more attractive
as the effects of interest rate hikes sink in. Tune in for more
expert insight.
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Financial Survival Network
Miles Franklin
info@milesfranklin.com