Exchanges Are Bleeding Silver; There's Not Enough For Everyone | Andy Schectman

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The LBMA and COMEX silver inventories are at or near all-time lows. Andy Schectman, CEO & president of Miles Franklin, explains how on the exchanges there are many more claims for silver than there are the actual physical bars immediately available. But investors are requesting physical delivery, bleeding inventories on the major exchanges. On the retail level, supply is being drained as well, and there is no end in sight.

0:00 Intro
2:37 Energy crisis
19:18 LMBA & COMEX
24:58 Retail premiums
30:09 Silver price
38:00 Weekly special
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