Large players are removing physical metals from major exchanges, says Andy Schectman, CEO & president of Miles Franklin Precious Metals Investments. While on the retail level supply is getting much better and premiums are decreasing, the major trend on exchanges is a drawdown in supply by the wealthy. Central banks are also buying gold at record rates. Schectman discusses how the public is almost completely unaware of the huge moves into gold and silver by these major players.
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
2:58 Bank of Japan
6:17 Gold & silver update
15:28 Strategic metals
18:18 BRICS & gold
26:30 Dodd Frank Act
29:00 Weekly special
33:30 Miles Franklin
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