Although
the current economic system
is far from flawless, solid
monetary policy has solidified
the global economy in the wake
of the Great Recession.
Low rates stimulated corporate
expansion / output while stabilizing
the financial institutions.
Although
economic slowdowns are painful,
the process tends to redistribute
useful resources from less to
more-productive enterprises
/ sectors.
New
technologies lead to key innovation,
greater productivity and a highly
efficient business environment.
Now
that the economic vessel is
no longer taking on water, policymakers
are reversing the process, lowering
rates, decreasing QE operations.
Three key economic threats are
facing the global economy, Quantitative
Tightening (QT), higher real
rates, and a global trade war.
Economic
history shows that tariffs rarely
bode well in the long-term for
countries that adopt the sanctions.
Fiscal policy tends to attract
rent-seeking behavior, line
the pockets of political allies
and do little to improve overall
economic welfare.
The
tariff dilemma creates a new
inflation wild card for global
monetary policy, as taxes are
intrinsically inflationary,
resulting in higher prices across
multiple economic segments.
Andy
Schectman of Miles
Franklin Institute returns
from the first World Series
game (Boston 2018 Champs 4-1)
with his latest PMs investing
insights.
Our
guest outlines must hear methods
for purchasing PMs, including
an opportunity to profit market
anomalies.
A
rare, once in two decades opportunity
is presenting itself in the
numismatics market.
Rare
gold coins are selling at nearly
1:1 or the same price as plain
bullion coins of similar gold
weight.
Miles
Franklin is currently positioning
client accounts to maximize
the benefits of this anomaly.
Protecting client's best interests
is the primary directive at
Miles Franklin.
His
firm requires mandatory background
checks and a large surety bond
to better protect clients.
The
Miles Franklin storage program
involves Canadian Brinks security,
without percentage of value
fees.
They
offer a fully insured Brinks
safety-deposit box in Vancouver
and Toronto. Clients hold the
only key / spare with 24/7 access.
FedEx
air delivery is also available
(www.privatesafedepositboxes.net).
Miles Franklin employees the
same auditing firm as the StreetTracks
GLD ETF. Please call his brokers
or Andy directly (brokers direct
line 1-800-822-8080;
Andy's mobile 1-612-290-2729).
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Guest
Bios
Andy
Schectman
Miles
Franklin
Miles
Franklins'
philosophy can be summed up in
three words: VALUE, INTEGRITY
and CREATIVITY. Value refers to
our low overhead and low mark-up
approach to doing business. Integrity
means what it says: We do what
we say and say what we do. Our
advice is determined by individual
customer needs and we take the
time to find out what is suitable
for each investor. Because of
this approach our reputation throughout
the industry is the highest caliber.
Creativity is everybodys
favorite word. At Miles Franklin,
we see things in a way that other
companies do not. We offer solutions
(including off shore investing)
that go far beyond the ordinary
coin dealer. This is our philosophy.
It's who we are.
Capabilities
Every member of our staff has
no less than 10 years of experience
in the precious metals industry.
We are all students of the economy.
Most companies in the precious
metals industry will tell you
what to buy. We tell you why
you need to buy it. We are proud
to take the time to educate
our clients in economics and
world events, as well as in
various products.
We offer all of the available
types of bullion, including
U.S and foreign gold, silver
and platinum.
No
order is too big or too small
for us. Also, talk to us about
domestic and foreign storage.
Reports
We
provide a selection of reports
on the economy, precious metals
and the Swiss Franc. We also
publish a well received newsletter
8-12 times a year (recent back
issues can be found on this
website).
Pricing
Our
pricing is competitive with
anyone in the industry. We will
not lose an order because of
pricing. We are in business
to make money, but we believe
in offering our clients a price
structure that allows them to
come out ahead. This is not
always the case in our industry.
References
The
following financial newsletters
have recommend Miles Franklin:
David Morgan from the www.silver-investor.com,
The Safe Wealth Group, Elliott
Wave International, The Whole
Investor Report, and the U.S
& World Early Warning Report.
With
a degree in geophysics and a number
of fascinating summers in mining
exploration, one winter in "the
bush" quickly led Bob into
the financial markets. This included
experience on the trading desk
and in the research department
of a large investment dealer,
which led to institutional stock
and bond sales.
Bob's
review of financial history provided
the forecasting models designed
to anticipate significant trend
reversals in the sometimes alarming
volatility typical of the transition
from rampant speculation in tangible
assets to fabulous speculation
in financial assets.
In
anticipation of the latter opportunity,
a monthly publication for financial
institutions was started in January
1982.
This
competently covered the stock
market, the yield curve, credit
spreads as well as metal and energy
prices.
In
1998 the Institutional Advisors
website was started as a forum
for unique and reliable financial
research.
Chris
Blasi, President of Neptune
Global LLC outlines his
gold and Bitcoin market outlook
for 2018. Precious metals investors
could be rewarded this Autumn.
Peter
Hug, Director of the Kitco Precious
Metals Division, makes his
show debut. Negativity in the
retail market for gold / silver
has reached such epic levels that
from a contrarian vantage point,
a price floor could soon materialize.
Bill
Murphy & Chris Waltzek
Ph.D. - August 10th, 2018.
Wolf
Richter, founder of WolfStreet.com
holds silver in his investment
portfolio and advises investors
to buy and hold PMs in anticipation
of the next uptrend.
Bill
Murphy &
Chris Waltzek Ph.D. - August
10th, 2018.
Head
of The
Morgan Report, David Morgan
rejoins the show with comments
on the PMs sector noting that
gold remains a "free lunch"
diversification asset.