Coffee and a Mike Andy Schectman of Miles Franklin #1237
Oct 22, 2025
Andy Schectman, owner of Miles Franklin and a noted expert on precious metals, delves into the current state of bullion markets and the classification of silver as a critical mineral. He explores the implications of a potential global monetary reset and the Genius Act, dissecting how these factors could reshape economic dynamics. Andy highlights the alarming trends in silver demand, the impact of BRICS on gold settlement, and the strain on regional banks, while offering a nuanced view of cultural shifts affecting economic resilience. Buckle up for expected turbulence ahead!
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Signs Point To A New Monetary System
- Andy Schectman sees a coordinated shift toward a new monetary system tied to recent policy and market moves.
- He warns these events connect beyond random shocks, signaling systemic change in global finance.
Silver Market's Systemic Fragility
- Schectman highlights extreme silver market distortions and massive rehypothecation risks in London and COMEX.
- He notes persistent backwardation and record-low physical inventories create systemic contagion danger.
Paper Dump Then Stealth Physical Buying
- He suggests bullion banks dumped paper silver to push prices down, then quietly bought physical metal at discounts.
- That tactic aimed to cover shorts without triggering wider delivery failures.
