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Andy Schectman: Dealers Paying Above Spot For Gold and Silver

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Gold and silver demand continues to surge, amid refinery and mint shutdowns, as well as unlimited quantitative easing (money printing) out of the Federal Reserve.

Fortunately today we got another physical market update from Andy Schectman of Miles Franklin Precious Metals, who shared what his order flow has been like lately.

He also talked about how on most products he (as the dealer) is paying above spot, which is something many market participants have wondered about.

So to get the latest update, click to watch the video now!

 

Chris Marcus

April 2, 2020

 

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