Metals Going Parabolic: "This Is The Time" | Andy Schectman

Miles Franklin president & CEO Andy Schectman returns to discuss why gold’s surge to record highs is less about gold rising and more about currencies collapsing. He warns that U.S. debt levels and money printing are destroying confidence in the dollar, while central banks are hoarding gold instead of Treasuries. Heavy COMEX deliveries and short squeezes in silver highlight the growing stress in paper markets. With global bond markets rejecting rate cuts and U.S. jobs data showing weakness, Schectman sees stagflation ahead. He argues gold and silver remain the only safe havens in what he calls the “bull market of a lifetime.”

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INTERVIEW TIMELINE:
0:00 Intro
1:30 Gold all-time high close
10:50 Federal Reserve
17:30 Gold vs US dollar
25:45 Silver hoarding
31:10 Wealthy buying metals
44:00 Weekly specials
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