Trump's Quiet Plan to Let Gold Soar — and the COMEX Silver Exodus - Andy schectman
Trump’s Quiet Plan to Let Gold Soar — and the COMEX Silver Exodus – Andy schectman
Silver news today: 39 million ounces of silver left COMEX in a single month, and one of the most closely watched voices in precious metals thinks the real story is who’s taking it, and why the public hasn’t noticed. In this compilation, Andy Schectman, CEO of Miles Franklin Precious Metals, connects three recent interviews into one picture. He explains why central banks and the biggest players are taking delivery of real numbered bars instead of paper, what it would take for silver to return to $100, and why a new same-day exchange in Hong Kong could loosen the West’s grip on metals pricing. He also explains why China is paying a premium of up to 13% for physical silver. Then he lays out his most controversial theory: that the Trump administration may be quietly letting the dollar weaken and gold rise to bring manufacturing home, and the unexpected company he believes could be helping. Plus his warning on what happens if the 10-year Treasury yield moves toward 6%.
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