How Close Are We To An Exchange DEFAULT? | Andy Schectman

Andy Schectman, CEO of Miles Franklin, discusses the growing interest in semi-numismatic coins, which are gaining traction due to price anomalies and their historical significance. He emphasizes that exploiting these price discrepancies has been a key strategy for successful trades in precious metals. Gold, according to Schectman, should be viewed as a tool for wealth preservation, particularly in the current unprecedented market conditions for gold and silver. He also highlights the importance of liquidity and the advantage of holding physical metals, which offer immediate access to funds. Finally, Schectman suggests investors to trust their instincts and choose reputable custodians, especially in light of recent changes in reporting laws and the historically skewed gold to silver ratio.

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INTERVIEW TIMELINE:
0:00 Intro
1:30 Pre-33 gold coin swap
27:00 Gold as a savings account
35:50 Banking risk
44:50 Special swap opportunity
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