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Andy Schectman REVEALS the BRICS Secret Plan For Gold and Silver
In this episode Andy Schectman talks about his insights and experiences with the gold and silver markets and explains his views on bond markets and what the prices of commodities could do in 2024.
Schectman also discusses the utility of gold in the current banking system environment and how it affects the future prices of gold, silver and the bond markets and wraps up together with a strong message to precious metals holders.
If you're into commodities, this video is for you.
Andy Schectman has been a prominent figure in the financial services industry for more than 25 years, during which he has served as President and owner of Miles Franklin, Precious Metals.
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In a recent report by the World Gold Council, central banks worldwide fortified their gold reserves impressively in August 2023, injecting 77 tons into global vaults. This marked a remarkable 38 percent increase from the previous month, showcasing their financial prowess.
But there's more to this story. Between June and August 2023, central banks globally accumulated an impressive 219 tons of gold. Leading this charge is the People's Bank of China, adding 29 tons in August alone, bringing their year-to-date net purchases to 155 tons. Their total gold holdings now stand at 2,165 tons, over 4 percent of their entire reserves.
The BRICS nations, which include Brazil, Russia, India, China, and South Africa, are making strategic moves to reduce reliance on the U.S. dollar in their financial transactions, further shaping the precious metals market.
We provide the latest news and insights on gold, silver, and copper, from price trends to investment strategies. In the words of Andy Schectman, President of Miles Franklin Precious Metals, central banks' dedication to gold and silver continues to inspire, and with each revelation, we move closer to an exciting endgame in the world of precious metals.
Credits:
@SilverSlayer
Andy Shectmans TERRIFYING WARNING to Silver Stackers
https://youtu.be/W1Oz4I5PNbw?si=eVfSxrskFxJCvws1
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