Silver Squeeze: How Big Banks Are Covering Shorts in China 🇨🇳 | Andy Schectman

Andy Schectman of Miles Franklin returns to Soar Financially to discuss the latest developments in the gold and silver markets. What is the connection between the big banks and the Chinese silver market? What are the new rules in precious metals trading? The markets are changing quickly, stay up to date! Guest: Andy Schectman, President Company: Miles Franklin 📺  @MilesFranklinCo  𝕏 @MilesFranklinCo Recording date: June 5th, 2024 --------------------- 📆 Save the Date 📆 DEUTSCHE GOLDMESSE 🪙 November 21 & 22, 2024 in Frankfurt, Germany www.deutschegoldmesse.com Register today. --------------------- Chapters & Timestamps: 00:00 - Introduction 00:48 - Opening Remarks 02:34 - Discussion on Monetary and Fiscal Policy 05:00 - Federal Reserve and Rate Cuts 09:08 - Global Economic Indicators 11:00 - Central Banks and Gold Accumulation 14:06 - Geopolitical Tensions 17:00 - The Role of BRICs Nations 21:30 - Big Banks Covering Their Silver Shorts in China: Gold Market Dynamics 29:00 - Big Banks Covering Their Silver Shorts in China: Silver Market Analysis 33:14 - Big Banks Covering Their Silver Shorts in China: Supply and Demand Fundamentals of Silver 38:00 - Conspiracy Theories and Market Realities 43:23 - Closing Remarks 46:00 - Contact Information and Final Thoughts ►► Follow Us! ◄◄ Twitter: http://twitter.com/soarfinancial Website: http://www.soarfinancial.com/ **Disclaimer:** Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.