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Miles Franklin's Andy Schectman explains 'price as misdirection' in gold and silver
11:27p ET Friday, October 28, 2022
Dear Friend of GATA and Gold:
This week's "Live from the Vault" from program Kinesis Money, a conversation between London metals trader Andrew Maguire and coin and bullion dealer Andrew Schectman of the Miles Franklin distributorship, examines the incongruity of falling gold and silver futures prices amid overwhelming demand for real metal.
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Schectman says he has never seen such a divergence between the prices between "paper" and real metal. This divergence, Schectman says, reflects a "price as misdirection" scheme by large players in the metals markets by which they can obtain the last remaining supplies before a big change in the financial world.
That change, Schectman says, is a revolt against Western hegemony, which is already underway.
The interview is 48 minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=UgPxdaFKAhQ
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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