Investing

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

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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.

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