2023 Gold Outlook With Andy Schectman #5717
Summary: Metals prices are getting slammed, sending gold and silver down. Andy Schectman comes on the show to talk about the circumstances of precious metals which, while frustrating, do not discredit the value of these assets during this time....
February 6, 202317m 31s
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Summary:
Metals prices are getting slammed, sending gold and silver down. Andy Schectman comes on the show to talk about the circumstances of precious metals which, while frustrating, do not discredit the value of these assets during this time. Volatile conditions and the possibility of the London Metals Exchange running out of silver in 2023 speak to the fragility of the system. Gold and silver are not commodities; rather, they are the barometer for the health of the dollar and the US economy. Furthermore, Andy emphasizes that the valuation of gold and silver are not subject to counterpart liability, which will make the precious metals even more attractive as the effects of interest rate hikes sink in. Tune in for more expert insight. Useful Links:
Financial Survival Network
Miles Franklin
[email protected]
Metals prices are getting slammed, sending gold and silver down. Andy Schectman comes on the show to talk about the circumstances of precious metals which, while frustrating, do not discredit the value of these assets during this time. Volatile conditions and the possibility of the London Metals Exchange running out of silver in 2023 speak to the fragility of the system. Gold and silver are not commodities; rather, they are the barometer for the health of the dollar and the US economy. Furthermore, Andy emphasizes that the valuation of gold and silver are not subject to counterpart liability, which will make the precious metals even more attractive as the effects of interest rate hikes sink in. Tune in for more expert insight. Useful Links:
Financial Survival Network
Miles Franklin
[email protected]