The global currency is shifting away from the US dollar and gravitating towards gold and other currencies.
What does it mean for future investment options?
In this episode, the President of Miles Franklin Precious Metals Investments, Andy Schectman, is back with Brent Mekosh to explain how world events impact gold and silver investment options and their future in investment portfolios.
Andy discusses:
- Reasons behind countries moving away from the US dollar
- How BRICS nations influence the market
- Digital currency and its transparency factor
- The role of gold as a world currency
- And more!
Resources:
Connect with Andy Schectman:
Connect with Brent Mekosh:
About Our Guest:
Before starting Miles Franklin, Ltd. in 1989, Andy Schectman became a Licensed Financial Planner specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andy has developed an operation that maintains trust, collaboration, ethical behavior, superior customer service, and satisfaction to better serve its clients. He is responsible for overseeing the firm’s operations and business functions, including strategy and planning, account management, finance, and new business.
Investing in commodities is generally considered speculative because of the significant potential for investment loss. Their markets are likely to be volatile and there may be sharp price fluctuations even during periods when prices overall are rising. Gold is subject to the special risks associated with investing in precious metals, including but not limited to: price may be subject to wide fluctuation; the market is relatively limited; the sources are concentrated in countries that have the potential for instability; and the market is unregulated.
