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Silver Market Alert: Prepare for the Impending Silver Squeeze, Advises Andy Schectman


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SILVER WARNING: SILVER SQUEEZE Is On Its Way - Andy Schectman There is a storm brewing in the silver market, and investors need to be aware of the impending silver squeeze. Andy Schectman, a prominent industry expert and CEO of precious metals dealer Miles Franklin, has issued a silver warning that should not be taken lightly. The silver squeeze refers to a potential scenario where demand for physical silver outstrips supply, causing a significant increase in its price. This phenomenon is similar to what we witnessed with GameStop and the "Reddit army" earlier this year. Schectman believes that the silver market is highly vulnerable to such a squeeze due to several factors. Firstly, the silver market is considerably smaller than that of its more popular counterpart, gold. The limited availability of physical silver combined with increased investor interest could easily cause a squeeze. Additionally, Andy Schectman argues that silver is fundamentally undervalued compared to other assets. While the price of silver is still significantly lower than its all-time high, other commodities like gold and even bitcoin have seen tremendous gains in recent years. With weak supply and growing demand, it seems genuine that silver has the potential to rally. The silver market has been experiencing increased interest from retail investors recently. Online communities, such as Reddit's WallStreetBets, have begun discussing and analyzing silver as a potential investment opportunity. This kind of collective action can significantly impact the market. Moreover, the global shift towards renewable energy sources further ramps up the demand for silver. Solar panels, electric vehicles, and various industrial applications all require substantial amounts of silver. As the world moves away from fossil fuels, the demand for silver will only continue to grow. So, what can investors do to protect themselves in the face of the potential silver squeeze? Andy Schectman recommends acquiring physical silver, whether it be in the form of bars, coins, or rounds. Owning physical silver ensures that you have direct control over your investment and reduces reliance on paper contracts, which can be subject to manipulation. Investors can also consider investing in mining companies that specialize in silver production. These companies stand to benefit significantly from rising silver prices. In conclusion, the silver market is on the brink of a potential squeeze, and investors must take precautions to safeguard their investments. Andy Schectman's silver warning serves as a reminder of the factors contributing to this imminent squeeze, such as limited supply, undervaluation, increased retail interest, and growing global demand. By acquiring physical silver and investing in silver mining companies, investors can position themselves to potentially benefit from the upcoming silver squeeze. https://inflationprotection.org/silver-market-alert-prepare-for-the-impending-silver-squeeze-advises-andy-schectman/?feed_id=126988&_unique_id=64d8ada8cf259 #Inflation #Retirement #GoldIRA #Wealth #Investing #bestgoldiracompanies #goldbackedira #goldira #goldiraaccount #investinggoldira #preciousmetals #preciousmetalsira #silverira #GoldIRA #bestgoldiracompanies #goldbackedira #goldira #goldiraaccount #investinggoldira #preciousmetals #preciousmetalsira #silverira

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