Silver is a critical metal for industry. It is one of the only two metals that have consistently been seen as money. The U.S. has exhausted its strategic silver stockpile, but one bank is accumulating millions of ounces. Andy Schectman, CEO and president of Miles Franklin, says silver is the value play of a generation, and the bank's traders know this.
WEEKLY SPECIAL:
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- 10 oz .9999 Silver Nadir Bars: $2.30 over spot/oz
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INTERVIEW TIMELINE:
0:00 Intro
3:00 Silver hoard?
12:00 FRED data
21:30 Weekly specials
28:36 Final thoughts
33:00 Miles Franklin
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