ANDY SCHECTMAN: JP MORGAN CORNERING SILVER MARKET, FOR WHO? (Video)

ANDY SCHECTMAN: JP MORGAN CORNERING SILVER MARKET, FOR WHO? Video – Sarah Westfall

Andy Schectman, President of Miles Franklin, rejoins the show to discuss the obvious out of whack conditions that are hitting the silver market. Not only are the prices below cost to quarry, but silver is also being hoarded by the most sophisticated traders in the world.

In particular, JP Morgan has accumulated a mass hoard that is 10 times the size of the stash attempted by the Hunt Brothers before they were forced by authorities to stop purchasing. So why has JP Morgan been allowed to buy at these levels, obviously cornering the market?

Schectman and I dig into this issue and other anomalies in the market. You can reach Andy Schectman on his companies website at http://MilesFranklin.com


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The Daily Coin

Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.