If One Bank Falls, They All Fall | Andy Schectman

If the financial system comes down, not only will the banks be affected, but insurance companies will be too, says Andy Schectman, CEO and president of Miles Franklin. Holding precious metals is a way to hold wealth outside the system as your own insurance in case there is a collapse. Perhaps it is for this reason that massive amounts of gold and silver are being removed from the major exchanges such as the LBMA and COMEX.

Article and FDIC video mentioned in this interview:
https://www.newswars.com/must-watch-fdic-bankers-discuss-bail-ins-to-deal-with-impending-market-collapse/

Watch the full FDIC meeting:
https://youtu.be/0PtULsOtI2o

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INTERVIEW TIMELINE:
0:00 Intro
2:33 Banking system
11:48 FDIC
14:00 Weekly special
16:00 Silver eagle premiums
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