Andy Schectman: Fed Will Sacrifice Dollar, Stay Safe in Gold and Silver


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This interview was filmed on February 10, 2022.

​All eyes are on the US Federal Reserve as inflation concerns continue to mount.

Andy Schectman, president of Miles Franklin, shared his thoughts on what the central bank’s next moves could be and how precious metals could be impacted.

“They have chosen an inflationary path over austerity, over the tough decisions. And I have a really hard time believing that they will blow up the economy by letting rates rise,” he said.

#Investing #Gold #Silver

0:00 – Intro
0:33 – Breaking down the latest inflation data
4:43 – Andy’s thoughts on what’s next from the Fed
9:31 – Gold, silver to go higher than people think
15:43 – Dedollarize to get out of harm’s way
24:32 – Current availability of gold and silver
30:22 – Silver supply vs. demand right now
36:27 – Look to precious metals for safety
41:23 – Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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