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Bitcoin’s biggest long-term threat may not be regulation. It may be becoming fully absorbed into the same financial system it was created to disrupt. In my conversation with Andy Schectman, we discussed how gold investors already understand the risks of paper exposure, rehypothecation, custodians, and layered promises on top...

11,309 просмотров • 3 месяцев назад •via X (Twitter)

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BREAKING EXCLUSIVE:🚨 SILVERGATE: THE PHYSICAL RUN HAS BEGUN — AND THE PUBLIC IS BEING KEPT IN THE DARK In my New Year interview with Andy Schectman of Miles Franklin Precious Metals (now $14 BILLION in sales), he laid out a picture that should stop every ordinary person in their tracks: This isn’t “market chatter.” This is strategic extraction. Andy says the LBMA in London and COMEX in the U.S. are showing tight physical supply — while the system is drowning in paper claims. He dropped the numbers that expose the entire game: • London: roughly 2 BILLION ounces of paper promises • Float behind it: about 140 MILLION ounces • In other words: the same bars sold again and again — rehypothecation • “Bernie Madoff… but with metal.” And then came the part the media won’t touch: For 13+ months, the biggest players on Earth have been doing what “never happens” in these markets. They’re not rolling paper. They’re not cash-settling. They’re not playing the usual game. They’re saying: “Give me the metal.” Andy described it as a quiet, coordinated drain: Central banks. Commercial banks. Sovereign wealth funds. The most well-funded and well-informed traders on the planet. And while that’s happening, the political layer snaps into place: He said China refines over 70% of the world’s silver — and is now moving to restrict exports so anything leaving China needs permission from Beijing. Why now? Because silver has been designated a critical mineral — a national security asset. That’s the line people need to understand: This isn’t about “profit.” This is about power. Silver isn’t just coins and jewellery. Andy says it’s embedded in: • high-tech weapons • AI infrastructure • solar farms powering server centres • the entire digital economy And when a commodity becomes strategic, the real question stops being “what’s the price?” It becomes: who controls the supply when the paper promises break? His warning was blunt: If a major institution fails delivery, it doesn’t stay in the metals market. It can spread into credit, equities, forex — systemic contagion. Then he put it in plain English: For decades, people believed paper claims were “as good as metal” because almost nobody stood for delivery. Now the largest money on Earth is doing it at scale — month after month — and the public is being told nothing. That’s not an accident. That’s a window. And windows close. If you watch the full interview with Andy Schectman of Miles Franklin, it’s one you’ll want to watch twice — because what he’s describing is not a normal cycle. It’s a run on reality. Miles Franklin Precious Metals Andy Schectman

Jim Ferguson

932,542 просмотров • 7 месяцев назад

The Coming Gold Repricing & The New Financial System In this Short video, Andy Schectman of Miles Franklin Precious Metals and Adam Taggart break down the case for a future gold $GLD repricing, the shift away from U.S. Treasuries, and the quiet transformation taking place in the global monetary system. For decades, the global financial system has revolved around the U.S. dollar, U.S. Treasuries, and Western-controlled payment networks. But a quiet shift is taking place beneath the surface. BRICS nations and other emerging economies are steadily building an alternative framework for trade and settlement. Instead of selling commodities for dollars, countries can increasingly transact in local currencies, settle imbalances with #gold, and move value through new financial infrastructure outside the traditional Western system. The most overlooked part of this trend may be the rapid expansion of gold vaults and settlement hubs across Hong Kong, Shanghai, Singapore, Dubai, Mumbai, and other regions. Combined with payment systems such as CIPS, these networks could eventually allow countries to trade with one another without relying on the dollar as an intermediary. Andy Schectman also argues that gold and #silver $SLV have never been allowed to fully reflect their true market value. While the West continues to set global precious metals prices through paper markets, physical demand has been rising as central banks and sovereign buyers accumulate metal and increasingly stand for delivery. At the same time, the traditional safe-haven asset – U.S. Treasuries – has suffered one of the worst drawdowns in modern history. The argument is that many countries are quietly reducing Treasury exposure and reallocating reserves toward gold. If these trends continue, the world could be moving toward a more multipolar financial system where physical gold plays a much larger role in trade, reserve management, and international settlement. The big question is whether gold's current price reflects that future—or whether a major repricing still lies ahead. ⬇️Get access to my notes with the key takeaways from this interview with Andy Schectman by visiting my Substack (link below) ⬇️

Thoughtful Money®

11,731 просмотров • 2 месяцев назад

🚨 EXCLUSIVE: ANDY SCHECTMAN WARNS OF A MAJOR SHIFT IN THE GLOBAL FINANCIAL SYSTEM I sat down with Andy Schectman of Miles Franklin for a wide-ranging discussion about what is happening beneath the surface of the global financial system. And his warning is stark. The yen carry trade is beginning to unravel after almost 30 years of cheap Japanese money flowing into assets around the world. Andy warns that a disorderly unwind could force enormous amounts of capital out of US assets and potentially trigger a much wider debt crisis. At the same time, something much bigger is happening. BRICS is quietly constructing a parallel financial architecture. New payment systems. Local-currency settlement. Commodity exchanges. Gold vaulting infrastructure. Andy makes an important distinction: this isn't necessarily about the dollar suddenly disappearing as the world's reserve currency. It's about gradually reducing the amount of global trade that needs the dollar in the first place. Meanwhile, central banks are accumulating gold at extraordinary levels. Why? Because unlike fiat currency: Gold cannot be printed. Andy has been buying gold and silver every two weeks for 36 years, and his message couldn't be clearer: “I don't tell any of you to buy it to become wealthy. It is wealth.” And his final warning should make people pay attention. Governments are carrying enormous debts. Those debts increasingly have to be refinanced at higher interest rates. The bond markets are noticing. Currency markets are noticing. And confidence matters. As Andy puts it: “Historically, when confidence in paper promises decline, confidence in real money rises.” This is one of the most important conversations I've had with Andy. We discuss: • The potential unwinding of the yen carry trade • The growing danger inside global debt markets • Central-bank intervention and distorted price discovery • BRICS and the emerging parallel financial system • Why central banks are accumulating gold • What ordinary people can do to protect their wealth Don't wait until a financial crisis is on the front page before asking how exposed you are. Watch the full interview. DON'T BE SCARED. BE PREPARED. Miles Franklin Precious Metals Andy Schectman

Jim Ferguson

36,356 просмотров • 20 дней назад

🚨 THE SILVER LIE THAT HOLDS UP THE WAR MACHINE Andy Schectman just said something that should terrify anyone paying attention. For 30–40 years, just 8 Western banks have held the largest concentrated short position of any commodity in COMEX history — and it isn’t oil… it isn’t gold… It’s silver. Not because of jewellery. Not because of coins. Because silver is the bloodstream of modern warfare. Every cruise missile. Every F-35. Every stealth bomber. Every submarine. Every drone. They all depend on silver. So what do BlackRock and JPMorgan do? They crush the price. They flood the market with paper silver. They sell the same bars over and over. So the military-industrial complex gets the most strategic metal on Earth cheap. JPMorgan was caught. They paid $920 million for manipulating the metals market — the biggest fine in history. And who holds the world’s largest silver trust? JPMorgan… and BlackRock. The same BlackRock that now gets the reconstruction contracts for Ukraine after the bombs go off. That isn’t capitalism. That is war financing through market manipulation. But here’s the twist… The Global South just called their bluff. Instead of taking paper IOUs, they are now saying: “Give us the metal.” And suddenly the vaults are empty. The silver is gone. The entire system was built on pretending the bars were there… Until someone actually asked for them. This isn’t a trade. This is a quiet collapse of Western financial and military dominance — and almost nobody is talking about it. Except Andy Schectman. Miles Franklin Precious Metals Andy Schectman

Jim Ferguson

182,569 просмотров • 7 месяцев назад

The Fed Is Trapped — And Gold Knows It $GLD #gold Please ❤️like, bookmark🔖, and 🔁share with fellow investors In this Short video, Andy Schectman Andy Schectman and Adam Taggart discuss why the breakout in gold and #silver $SLV may have real legs — and why the most important signal isn’t simply that precious metals are rising, but that they’re doing it despite higher interest rates and higher oil prices. * Normally, rising Treasury yields should be a headwind for gold. Higher yields increase the opportunity cost of holding a non-yielding asset and should attract global capital into U.S. Treasuries and the dollar. But that’s not what’s happening. Yields are rising. Gold is rising. And the dollar is falling. Andy sees that combination as a potential warning that investors are demanding higher yields to own U.S. government debt rather than viewing those yields as an increasingly attractive safe-haven return. In other words, this could be less about economic strength and more about declining confidence in Treasuries. * That leads to the bigger thesis: the Fed may be trapped. Years of suppressed interest rates created distortions in asset prices, capital allocation and leverage. Allow rates to rise too far, and those vulnerabilities begin to surface. But cap yields or inject liquidity to keep the financial system stable, and the pressure doesn’t disappear — it can instead show up through higher inflation and a weaker currency. * Andy argues that the era of genuine balance-sheet normalization may already be over. He points to roughly $40 billion per month of liquidity/purchases and what he views as de facto yield-curve control through efforts to prevent Japan from selling Treasuries. * Meanwhile, #crudeoil adds another problem. Higher energy prices eventually feed through transportation, manufacturing, food and other costs, and Andy argues that the full inflationary impact can take roughly six months to appear. That may explain why gold is moving now. His view is that sophisticated traders are “skating to where the puck is going”: front-running the possibility that policymakers ultimately cannot allow rates to keep rising and will eventually have to suppress yields or provide additional liquidity. * That’s why the current relationship matters so much: – Treasury yields up – Gold up – Dollar down If higher yields alone were restoring confidence in U.S. assets, gold should face much stronger competition from Treasuries. Instead, precious metals continue to attract buyers. * And Andy sees another major difference versus the 2011 gold peak: persistent record buying by major strategic players. That structural demand gives him more confidence that this isn’t simply a dead-cat bounce. * Bottom line: Andy believes this is a real breakout. Gold may be front-running a world in which the Fed faces an increasingly difficult choice between allowing rates to rise and exposing financial vulnerabilities, or suppressing rates and risking even greater inflationary pressure. The Fed is trapped — and gold may already know which way this ends. #yields $TLT $BND 💡 Get access to my notes with the key takeaways from this interview with Andy Schectman by visiting my Substack (link below)⬇️

Thoughtful Money®

11,038 просмотров • 12 дней назад