Andy Schectman

Andy Schectman: Physical Silver Investors Are Not Selling, While Rates Continue To Rise

The silver futures on the #COMEX have been selling off again this week, with a spike lower on Monday, and a slow continuation of the selloff on Tuesday. However, in this week’s physical silver report, Andy Schectman of Miles Franklin reports that they are still seeing very little physical silver and gold selling. This is …

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Andy Schectman: Rising Oil Prices – The Latest Problem for Fed’s Inflation Battle

Andy Schectman: Rising Oil Prices – The Latest Problem for Fed’s Inflation Battle The Federal Reserve has seen the government inflation metrics come down over the past year throughout its interest rate hiking campaign. But one of the driving factors behind the decrease in the rate of increase has been lower energy prices. This makes …

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Andy Schectman: JP Morgan Transfers 14 Mil Oz Of Silver From Eligible To Registered In Last 2 Days

The September silver delivery cycle begins in just a few days, and there’s been a large chunk of silver on the move. Over the past 2 days, JP Morgan has transferred 14 million ounces of silver from eligible to registered, which leaves them with just under 14 million ounces left in their eligible category after …

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Andy Schectman: Silver Eagle Premiums Tick Higher Again, ASE Margins Explained

There’s been a large drop in the American Silver Eagle premiums this year following last year’s spike that left eagles selling for over $16 above the spot price. Although the premium dropped significantly in recent months, that’s led to large demand at the lower price, and now the premium is rising slightly again. And with …

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Bill Holter, Andy Schectman: Credit Markets Getting Tighter, Pressuring The Banks

It’s been a relatively quiet market throughout the summer following the chaos in the banking sector earlier this year. But despite Wall Street trader vacations and relative calm in the markets, credit conditions have continued to tighten as the Federal Reserve has continued its interest rate hikes. All of this has left the conditions in …

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Andy Schectman: Silver Price Volatile In Week Since Fed Hike

It’s been a volatile few days in the gold and #silver pricing following last week’s Federal Reserve policy meeting and rate hike. The metals traded higher following the announcement and Jerome Powell’s press conference, before getting hammered lower the following morning. Then there was another spike higher on Monday of this week, before seeing the …

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