#52 WWG&CS Interesting Times with Andy Schectman

Discover the secrets to wealth preservation through the eyes of Andy Schectman, owner of Miles Franklin Precious Metals, as he shares his compelling journey from humble beginnings to achieving over $10 billion in sales. Andy"s story is a testament to resilience and vision, starting from selling life insurance policies to borrowing $60,000 to launch his company. Listen closely as he also discusses his friendship with Robert Kiyosaki and their shared mission to prioritize one’s future self, providing invaluable lessons in investing in precious metals. We then shift gears to the complex world of banking and financial stability. The warning signs of bank failures loom large as we dissect the implications of the Dodd-Frank Act, and the unsettling potential of bank bail-ins. We highlight real-world examples, like the failure of the First National Bank of Lindsay, Oklahoma, and the contrasting treatment of larger banks, stirring a conversation on public awareness and the role of precious metals as steadfast assets amidst economic turmoil. Insights from financial heavyweights like Stanley Druckenmiller and Paul Tudor Jones underscore the enduring strength of gold and silver, even against a strong dollar. As the episode progresses, we navigate the turbulent waters of global financial systems and the shifting landscape of economic power. The role of the US dollar as the world reserve currency is put under the microscope, alongside the BRICS" emerging influence and the decline of the petrodollar. We also delve into the strategic movements in the global silver market, with countries like Russia and China making significant plays that could signal a global power shift. Through these discussions, we aim to provide a comprehensive understanding of the evolving role of precious metals and central bank digital currencies in shaping the future of global finance. Join us for a thought-provoking examination of these critical issues and their potential long-term impact on international relations and financial stability.