Connect with us

Hi, what are you looking for?

Investing

Andy Schectman: Silver Price Breaking Out, Room to Run by Every Metric

Andy Schectman, president of Miles Franklin, breaks down recent silver market dynamics, including the massive rise in entities standing for delivery of physical metal, increased CME Group (NASDAQ:CME) margin requirements and China’s silver export controls.

‘We’re beginning to see at the highest level a change of mentality, a change of perception of what these metals truly are,’ he said in the interview.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

    You May Also Like

    Editor's Pick

    Outgoing New York City Mayor Eric Adams argued that the Biden administration’s Justice Department engaged in ‘lawfare’ against the former president’s political opponents, including...

    Investing

    Investor Insight Silver Dollar Resources is repositioning its flagship La Joya silver-gold-copper project to unlock high-grade underground potential in Mexico’s prolific Durango-Zacatecas silver belt....

    Stock

    Here are some charts that reflect our areas of focus this week at XLU Leads with New High Even though the Utilities SPDR (XLU)...

    Latest News

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...