The Silver Market is Moving to India (2024)
In this extensive dialogue, Andy Schectman discusses his observations and insights on the global metals market, emphasizing the increasing prices of gold and silver amidst rising interest rates. Schectman points out the public's lack of participation in the metals market in the United States, contrasted with insiders' strategies to accumulate physical metals through ETFs. He elaborates on the geopolitical and economic factors, including actions by the U.S. Treasury Secretary and the shift from U.S. treasuries to gold by various countries, underlining the strategic importance of metals. Schectman also addresses the potential implications of gold and silver moving from the West to the East, alongside the broader trend of commodities and the possible consequences of a shift towards digital currency systems by BRICS nations. The discussion covers the current geopolitical tensions, the risks of a world war, and the overall future of financial systems, concluding with Schectman's concern for the direction of U.S. policy and its implications for global economics.