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@ronaldhannasammie1456Ай бұрын
It's been a long time coming...
@John-uu6qqАй бұрын
Andy Schectman for Treasury Secretary
@timothygorman959Ай бұрын
Massive silver and gold deliveries are going on at the SAME TIME as the financial world implodes and silver basically not changing in price much. Something big is about to happen.
@angrydads6796Ай бұрын
Let's keep the prices low.....while I back up my dump truck 😂
@Test7017Ай бұрын
5$ an ounce soon😂😂😂
@michaelramage6433Ай бұрын
Ha, the silver price will shoot up real quick , keep watching and watching and watching and watching and watching and watching.............still watching 😅😅😅😅
@johngordon880Ай бұрын
Agree.
@mortmoreau3576Ай бұрын
@@Test7017I hope so. I'd be able to buy even more. Gotta like a sale. Who likes to pay full or over price for anything. Keep the positive attitude my friend. Wooooooooo $5 Silver, can't wait.
@John-ny6yyАй бұрын
The silver price manipulation is sickening..
@jasonpost7538Ай бұрын
Buy more take advantage
@angrydads6796Ай бұрын
Or very profitable....it will pop soon.
@trader819Ай бұрын
the dark force is doing the same tactic vs. BTC ETH
@hauntedhillbilly3569Ай бұрын
@trader819 yes but gold and silver has intrinsic value, digital air has no intrinsic value.
@charlotte7647Ай бұрын
@trader819 yes except those with aircoin do not have an option to hold theirs safely. Their air coin is held in an airwallet.
@henstar1731Ай бұрын
Russia just announced it's to buy 30 tons of gold this month, its about to get very interesting in the gold and silver market
@toddbrown417Ай бұрын
Stack and stash silver and go on with daily life, you're welcome
@johncollins719Ай бұрын
Rush Limbaugh talked about the under funding of pensions and what it would lead to 35 years ago. No one listened.
@SmokyPemberton-te5oqАй бұрын
Read also, Who Stole My Pension, by Kiyosaki and Seidel.
@Joyful-213Ай бұрын
Pensions will be toast.
@rogerburn5132Ай бұрын
Andy Schectman Golden and Silver Brilliant information Andy is. The Best LIKE LIKE 👍👍👍👍👍👍
@charlieevans250Ай бұрын
Great content as usual. Appreciate you guys so much!
@darrenschroeder8914Ай бұрын
Be your own central bank 🏦
@kurtiszobell7799Ай бұрын
I always find time on your channel is well spent. 👍
@poisnd1Ай бұрын
Stay well and safe gents
@unaffiliated_x9279Ай бұрын
You as well
@nj-bz8pvАй бұрын
Yet prices go down
@youngman3624Ай бұрын
Narrative vs. Reality
@wai-sunchia6190Ай бұрын
That is for our benefit! BUY BUY BUY!
@aklimar2208Ай бұрын
It’s what happened in 2007. Defaults on mortgages were going up yet the prices on the mortgage bonds were going up. The banks were artificially keeping things high until they were able to dump the bonds, THEN allowed the price to fall. Once all the gold/silver is gone, THEN the price will be allowed to go up.
@v.searcherАй бұрын
12:16 - I can definitely picture Japan applying to join the BRICS. They are very nimble when it comes to international politics.
@jasonpost7538Ай бұрын
They won't have a choice
@badgerbrryАй бұрын
Japan will not join BRICS, very bad relations with China
@roadtested9009Ай бұрын
Years ago, I read a very good, detailed French language explanation of the Belt and Road Initiative the ultimate goal of which is to leave the US entirely isolated.
@ddprepper5227Ай бұрын
Silver will be the next tier one asset😊🎉❤
@johngordon880Ай бұрын
I predict Physical deliveries will break the COMEX LBMA rigging before December with triple Silver and $3200+ Gold
@randywhelchel4674Ай бұрын
No 😂
@johngordon880Ай бұрын
@@randywhelchel4674 how would you know ....🖕
@randywhelchel4674Ай бұрын
@@johngordon880 still No
@Mark-hn5bmАй бұрын
I made my own pension over the past 20 years. It’s very shiny. I sleep well every night
@deewitt8693Ай бұрын
And how many shinies do you think is necessary to retire?
@wmcrown400Ай бұрын
Right there with you amigo
@MissLibertarianАй бұрын
This is normal. If India is losing faith and trust in the US, anything measured in dollars that they buy is showing us the loss of purchasing power due to loss of faith and trust. The actions India is taking, opens it to US Banking sanctions. What do you buy if you’re trying to get rid of your dollars really fast?
@DragonbhatАй бұрын
India has 600 billion dollars in reserves. I don't think we have lost trust.
@kmr512Ай бұрын
@@Dragonbhat that is a combination of all currencies but yes the majority is in USD. Our RBI is also a junior partner of all central banks. It was founded in 1931 by the British and it is also a private institution.
@DragonbhatАй бұрын
@@kmr512 yep 👍
@honorkempАй бұрын
Moved my pension from met life into gold in 2019 glad I did trying to move another one but having a battle to move it, they will come for your pensions from the uk
@JP_DimitriouАй бұрын
Look forward to Andy’s Macro discussions. One of the more informed in this space. Like the way he presents his research and views.
@PaArmyVetАй бұрын
It just rolls off Andy’s tongue. 👍
@ddprepper5227Ай бұрын
Excellent report 👍👍👍👍👍
@douglas2835Ай бұрын
I cannot handle any more crying about supply/demand for silver. None of it matters and never will. It will only matter when it all ends, which it will, but probably not for a while. Unlimited paper never ends until the paper ends.
@tomcharlesworth1653Ай бұрын
I think you are wrong. The main exchanges including Shanghai's plus COMEX and LBMA are recording strong drawdowns in inventory. When that inventory gets close to zero and players stand for delivery of physical and that physical is not available the the exchange will likely be forced to invoke force majeure which will undeniably trigger huge rises in metal price. This argument applies to gold and silver.
@edwardkollerАй бұрын
The world needs Silver more then Gold, the Far East countries are real smart. There buying with two hands an both feet, at some point soon the riggers will throw in the towel. Silver will break $50 dollars and then ??? but will the Government decide to Nationalize Silver. Mexico will and other Silver producing countries to do likewise. Silver will be the commodity of a lifetime. Make sure you own some and hold it.
@victorarregnelle8976Ай бұрын
War alone is enough for a historic bull market, but there's a bit more going on.
@jeffu8520Ай бұрын
Greetings from Sunny Bradenton Florida 👍
@dart4132Ай бұрын
Back at you! In Bradenton as well 😊
@bwalsh6992Ай бұрын
Get the he'll out of thatmurder city...it's super dangerous...get in the country...
@bigjon9596Ай бұрын
Samsung just announced a new silver heavy battery technology! They are moving to it! Demand wont decrease anytime soon!
@waynechien-vovietchongmy9724Ай бұрын
Samsung announced old technology that has been suppressed for 100 years plus
@cranberrysuit7114Ай бұрын
True that….. we invented this tech in early 1900. Still pictures out there.
@bigjon9596Ай бұрын
@@waynechien-vovietchongmy9724 lol...wouldnt doubt it one bit!
@waynechien-vovietchongmy9724Ай бұрын
@@cranberrysuit7114 wrong. Tech invented 1000 years prior...keep digging you'll find the truth. wagon man didn't build stone cathedrals.... cathodes
@waynechien-vovietchongmy9724Ай бұрын
@@cranberrysuit7114 wrong. That tech is much older. Wagon man did not build stone cathedrals.... cathodes
@PistolPete1984Ай бұрын
Great thanks Andy MN done good
@SmokyPemberton-te5oqАй бұрын
Also read, Who Stole My Pension, by Kiyosaki and Seidel.
@janetmalcolm3403Ай бұрын
Turkey, Hungary, and Italy will lean towards the east for survival. It's just a matter of time.
@giftedandbrokeАй бұрын
Please get Andy & Greg M back on together, that would be the dream team!
@GrahamTube4uАй бұрын
Andy G.O.A.T. Schectman
@anabolicamaranth7140Ай бұрын
I disagree with Andy on one thing with pensions. He said people are living longer.
@badgerbrryАй бұрын
Yes, people are living longer. Except for Covid year(s) life expectancy is rising.
@victorarregnelle8976Ай бұрын
Just googled it just in case, seems it's been going up for decades and still expected to go up.
@anabolicamaranth7140Ай бұрын
@@victorarregnelle8976 I expect mortality to go up, a lot.
@geckster109Ай бұрын
What happens when the COMEX finally stops any physical metals being delivered, and all contracts MUST be settled in cash only? Hint: look at 1971
@svenhinrichsen458Ай бұрын
They needed that much silver in the 40ties to enrich the "Material" for the Manhatten Project. It doesn't have to be "much more" today. Of course the Military uses much much Silver for their Weaponry, but it is hard to quantify today.
@SilverDadKnowsАй бұрын
Silver will continue to boom in price as rising demand and economic uncertainty push its value to new heights.
@esjay3562Ай бұрын
When there is such a bigger demand for silver than supply, why does the industry not aggressively buy silver it needs. Something is not adding up here.
@mrlarry999Ай бұрын
Pension funds also invest heavily in commercial real estate. I’ve seen big write-downs in large commercial buildings, up to 90%. These companies dumping their pension plans are probably trying to get out of their unrealized losses.
@virgil_kaneАй бұрын
According to a guy named Jeffery Christian there is plenty of silver in the world . I don't know what to think or believe . I think I'm gonna believe Andy .
@deewitt8693Ай бұрын
How can there be such huge deliveries if silver is so limited or hard to get?
@rowynmaddocks6731Ай бұрын
Sooner or later the riggers wil loose control
@theotherorange3586Ай бұрын
You buy insurance in the hopes you don't need it and I would rather be looking at it then for it.
@salvatoretumino3623Ай бұрын
AIG wasn't a reinsurer. It was a varied multi line insurer. It's downfall was in credit default swaps, an insurance-like product that protects buyers from bond defaults.
@agwillie2790Ай бұрын
And yet current premiums for physical precious metals are cheaper now than at any point this decade.
@johngordon880Ай бұрын
Even Jeffrey Cristian says its going up!
@RanchhoddasjiАй бұрын
Schectman is brilliant. Paper money is about to die.
@TDK2KАй бұрын
silver manipulation is the only reason we're able to buy it for so cheap and why products that use it are within the reach of most first world consumers.
@sawtoothbygeorgeАй бұрын
There is NO such event being Western Friendly. Everybody gets screwed.
@edwardschindler1369Ай бұрын
In 2008 AIG could not make good on a bet w/Goldman Sachs on a derivative relating to mortage defaults. Of course, the Sec of Treasury at the time was an x-CEO of Golden Slacks and you and I got to make good on that bet. George Carlin was right. It is one big club, and YOU ain't in it. Sooner or later it will happen again. The question is - will that time be the last time. Who knows.
@shirleygriffin7672Ай бұрын
Thanks for sharing today
@youngj00Ай бұрын
Keep the content coming!
@thomasbeslanovits1343Ай бұрын
all pensions will be gone if lucky only cut by 3/4
@randywhelchel4674Ай бұрын
Gov will start paying then, no other option 85 year old can not go back to work
@phidaniels8293Ай бұрын
nice show
@herbhoover6423Ай бұрын
Make Silver Great Again
@thewildgoose7467Ай бұрын
MSGA doesn't sound right, better to say Make Ag Great Again or MAaGA 😃
@bagel080Ай бұрын
People think they will be allowed to buy gold silver bullion when there is a rush to the exit. Lol. Restricted on any purchases, on anything. 💥
@erikschall620Ай бұрын
We've been hearing for months that the western exchanges are being drained. Please explain where they are getting the Silver & Gold to deliver from ??
@simonrowe3124Ай бұрын
Thing is… the exchanges get replenished every month as well!
@chadbartley7891Ай бұрын
Can I buy from the UK?
@MatlasXАй бұрын
Fantasy Football is far more important. You made the right decision, Andy.
@14UnowАй бұрын
Most financial advisers are not old enough to remember previous economic calamities and stick to their scripts. Equities fell in 1987, 1992, 1997, 2007, and house price declines in 1970's, 1980's, 1995, and 2008 were equally dire. History has a habit of repeating itself and everything looks very over valued. Gold and silver bought at the right prices might be a safer place at this time.
@Sonny-ik9rvАй бұрын
You mentioned that turkey being a member of NATO but in the same sentence you mentioned that they have been asking to be admitted to NATO for decades but were never admitted into NATO,so suggesting that they are a member is false isn't it?That they are interested in joining the BRICKS seems a good move on their part especially in today's world and happenings.
@tomcharlesworth1653Ай бұрын
Er... are you are mixing up NATO and the EU. Turkey has been a NATO member for over 70 years. During that time Turkey has tried often to join the European Union but has been knocked back.
@Sonny-ik9rvАй бұрын
@@tomcharlesworth1653 Seems likely, appreciate the correction.
@leesalzmann1Ай бұрын
He was talking about joining the BRICS.
@luke_8_17Ай бұрын
Wow, way too much information on how they cheat on the books. I will need to go back and read the transcript. Very informative.
@Eric110612Ай бұрын
One of the hallmarks of mania is the rapid rise in complexity and the rates of fraud.... and did you KNOW, they are going UP! ~ M. Bury in "The Big Short"
@geoffreybowen4788Ай бұрын
People are not living longer. The opposite actually.
@J.Smith-rc6whАй бұрын
hope you get to see a Kookaburra bird in the flesh sometime Andy, they are great fun, really smart and have the best laugh in the bird world
@simonrowe3124Ай бұрын
Andy Schectman Quote of the Year… ‘Eight Brain Dead Banks holding the price of silver down’ 😂
@bh5037Ай бұрын
If you want to eliminate deficit you have to take it out of the vaults... whatelse ... If the vaults are finally empty and there is still a defict the chance to deliver is : ZERO and then the market will not run but explode ..... in addition all the million ounces in paper contracts will be worthless ( unless paid out in fiat) and so many people who think they hold and IOU for Silver will discover what they get ... fiat - nothing more - nothing less
@theoldguy9329Ай бұрын
I do not practice in the US but many companies do find they cannot handle ghe investmentscin fluctuating times. The insurerance/annuity companies have a larger poll of assets so larger access to investment options. Pensions are generally not cashable once in payment so those long term treasuries don't havs a "bank run" demanding cash, with forced liquidation. They can be held to maturity. And there is a big risk premium charges to the company moving the assets out. BTW a major reason for public companies moving are also the FASB acvounting rules that requires large expense charges diminishing shareholder equity. Taking the buyout, often means an unsophisticated person is taking on all the risk. If your life expectancy is not high due to injury or sickness that buyout may be good.
@LIBlurrАй бұрын
Yet the price is falling?
@n-joysilver7752Ай бұрын
Any 2008 silver 10oz kookaburra's at $3.10 over spot? I call dibs...LOL
@edwardkollerАй бұрын
The world needs Silver more then Gold, the Far East countries are real smart. There buying with two hands an both feet, at some point soon the riggers will throw in the towel. Silver will break $50 dollars and then ??? but will the Government decide to Nationalize Silver. Mexico will and other Silver producing countries to do likewise. Silver will be the commodity of a lifetime. Make sure you own some and hold it. Ed Koller
@DonVeganАй бұрын
How much will a BRICS UNIT cost in American dollars⁉️
@Nostrildomus18 күн бұрын
Obligations are in the eye of the holder . . . T/C/E
@Hm-dz3ykАй бұрын
So Turkey imported a lot of gold. Where did it go then. You assume it went into Turkish hands. But maybe Turkey is a conduit for discrete buyers like drug cartels
@carlgusmao4696Ай бұрын
Turkey is selling silver to iran and exchange gold with the western
@muslimturk1328Ай бұрын
Turks like saving in gold.
@memjacksАй бұрын
Rush🥰
@MA-me3rmАй бұрын
Big deal. Price is not going anywhere. Guaranteed.
@povarfulАй бұрын
Man!! These questions are too long!
@abemanzur6985Ай бұрын
If you didn’t take profit on the Nvidia earlier this year you got greedy, you better sell now before it drops more
@jamesmitchell6483Ай бұрын
Not the stupidly way... GREEDILY !!!
@JamesLIsbellАй бұрын
👍
@badgerbrryАй бұрын
Turkey is broke, how are they buying gold? India, yes i can see that, but Turkey???
@tylerbrady2689Ай бұрын
Why would you still support football. They are paid to hate you
@memjacksАй бұрын
🏈❤
@kentuckycowboy7660Ай бұрын
❤❤❤
@kulturfreund6631Ай бұрын
Macron France had showed interest in joining brics and had been rejected over a year ago. So, Turkey doesn’t seem to e the first nato- member to do it.
@PopnpoffАй бұрын
✨️🇺🇸✌️
@kevinjoseph517Ай бұрын
silver down for maybe 12-15 years...sick of schect
@williamgreeson6168Ай бұрын
This guy is a con artist! There is 82 billion oz of above ground silver! A trash metal! Don't buy?
@darinthesecularspiritualistАй бұрын
Any fiat product is toast
@Reutzel507Ай бұрын
Andy left Minnesota for a waste land. Have fun.
@HarryWang-u6sАй бұрын
Thr ol silver pimp
@gordonipock9385Ай бұрын
Hail Putin! Glory to Russia!
@hughjanis6439Ай бұрын
This is nonsense
@johnbonner922Ай бұрын
Agreed completely. What you've said IS nonsense.
@randywhelchel4674Ай бұрын
Which part ?
@KeysRevealedАй бұрын
@tomsmith-rj3vwАй бұрын
Great information video fro.myou tu be and this channel.
@honorkempАй бұрын
Moved my pension from met life into gold in 2019 glad I did trying to move another one but having a battle to move it, they will come for your pensions from the uk