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Why A Silver Squeeze Is "Not Only Possible, But Highly Probable"

quoth the raven's Photo
by quoth the raven
Monday, Sep 13, 2021 - 9:26

(Submitted by Quoth the Raven from QTR's "Fringe Finance" at http://quoththeraven.substack.com)

This is Part 2 of a two-part interview with Andy Schectman, President & Owner of Miles Franklin Precious Metals, a company that has done more than $5 billion in sales. Andy is a world-renowned expert in the field of precious metals and took the time to answer some pressing questions I had about the possibility of a real silver squeeze, the precious metals market, the Fed, and the future of money worldwide.

This interview is not an advertisement; I sought out Andy’s opinion because I believe him to be a thought-leader in the space of metals and monetary policy. He has been a frequent guest on my podcast, as well.

Q: Is there a bigger disconnect in gold miner prices or silver miner prices right now, if you don't want to just own the metals and you want leverage?

Both the gold and silver miners are hugely undervalued and under owned.  They are off the radar screen of the investment community.  That all will change as gold moves up toward it’s 2020 high and silver moves toward $50.  The silver miners are ridiculously cheap and sport the best supply/demand fundamentals.  Since the price of physical silver will rise faster than physical gold the silver mining shares should move faster and further than gold mining shares.  Personally, I like the (gold and silver) royalty companies.

Silver, 100 year chart, non-inflation adjusted

Q. What do you think when you look at the price of equities? If you had to own one sector or type of stock, what would it be and why?

I see a market that is massively over valued and detached from a sinking economy.  Easy money and ultra-low interest rates have fueled massive bubbles in the three pillars of wealth; stocks, bonds and real estate.  In all three of these markets, misallocations of capital and resources have made price discovery all but impossible.  In this environment, the gold and silver miners should easily outperform most commons stocks.  They currently represent the only exposure that I have in the stock market except for a position in cryptos (Theta).  

Q: What Fed moves would be the best and worst for precious metals? Does it even matter what the Fed does at this point?

You answered...(READ THE REST OF THIS INTERVIEW HERE).

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