Andy Schectman: Gold's "Great Awakening" Bringing in New Buyers
This interview was filmed on January 14, 2021.
2020 brought a marked increase in gold demand from investors — but where did that demand come from, and is it set to continue in 2021?
Recapping last year, Andy Schectman, president of precious metals dealer Miles Franklin, said gold investment demand was beyond anything he had seen before, and came partially from people who hadn't previously been buyers.
"I've been in this industry for 30 years, and working 18 hour days, seven days a week would have been something I would have laughed at ... I think there's been a great awakening, I guess that's the way that I would explain it," he said
#Gold #Silver #Investing
0:00 - Intro
0:19 - 2020's "great awakening" for gold investing
3:27 - Understanding new entrants in the gold space
8:04 - Are last year's gold supply chain issues resolved?
13:51 - The rise of the "others" on the COMEX
16:58 - Why isn't the gold price higher?
23:53 - No one is selling gold right now
29:56 - Silver the "buying opportunity of a lifetime"
34:04 - Best advice for investors in 2021
37:15 - Outro
________________________________________________________________
Investing News Network (INN)
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Follow this link to learn more about Gold ↓
https://bit.ly/2ZlNHlb
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________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Видео Andy Schectman: Gold's "Great Awakening" Bringing in New Buyers канала Investing News
2020 brought a marked increase in gold demand from investors — but where did that demand come from, and is it set to continue in 2021?
Recapping last year, Andy Schectman, president of precious metals dealer Miles Franklin, said gold investment demand was beyond anything he had seen before, and came partially from people who hadn't previously been buyers.
"I've been in this industry for 30 years, and working 18 hour days, seven days a week would have been something I would have laughed at ... I think there's been a great awakening, I guess that's the way that I would explain it," he said
#Gold #Silver #Investing
0:00 - Intro
0:19 - 2020's "great awakening" for gold investing
3:27 - Understanding new entrants in the gold space
8:04 - Are last year's gold supply chain issues resolved?
13:51 - The rise of the "others" on the COMEX
16:58 - Why isn't the gold price higher?
23:53 - No one is selling gold right now
29:56 - Silver the "buying opportunity of a lifetime"
34:04 - Best advice for investors in 2021
37:15 - Outro
________________________________________________________________
Investing News Network (INN)
Find out more about investing by INN @
http://investingnews.com/
Follow this link to learn more about Gold ↓
https://bit.ly/2ZlNHlb
Want a FREE investor kit? Download here↓
https://bit.ly/31NNNTR
Follow us Facebook:
https://www.facebook.com/resourceinvestingnews
Follow us on Twitter:
@INN_Resource
________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Видео Andy Schectman: Gold's "Great Awakening" Bringing in New Buyers канала Investing News
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