Is the US Debt Crisis Fueling Gold's Rise?
Feat Andy Schectman, Craig Hemke, and Rob Kientz
Episode 200
Posted 22nd Novembre 2024

Is the US Debt Crisis Fueling Gold’s Rise? Feat Andy Schectman, Craig Hemke, and Rob Kientz

In this milestone 200th episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, Craig Hemke, and Rob Kientz for an in-depth roundtable on how rising interest rates and speculative trading are shaking up gold and silver prices.

The panel explores the implications of these market dynamics and highlights global economic challenges, such as the growing US debt and inflation, urging the importance of holding precious metals as a safeguard against financial uncertainty.

Andrew Maguire

Precious metals expert & whistleblower

Andrew Maguire is a well-known figure in the precious metals industry, primarily recognised as a whistleblower and expert on gold and silver markets. With nearly 50 years of experience as a commodities trader, he has become a key voice on market manipulation in the precious metals sector, particularly within the COMEX (Commodity Exchange) markets.

As an independent Loco London metals trader and analyst, Maguire has delivered Precious Metals Advisory and Trading services to international hedge fund managers, bullion banks, metal traders, and some of the world’s largest financial institutions. His established relationships with regulatory bodies, including the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ), as well as the UK’s Financial Conduct Authority (FCA), underscore his trusted role in the industry.

In 2010, Maguire brought global attention to silver market manipulation through a whistleblower testimony to the CFTC, cementing his reputation as a highly credible authority in the precious metals community.

Today, he continues to provide his insights into precious metals and financial markets as a regular commentator on the Live from the Vault podcast, where he explores trends and developments shaping the global financial landscape.

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Craig Hemke

Founder of the TFMetalsReport

Craig Hemke is a seasoned securities professional with nearly two decades of experience, who takes a keen insight into the complex dynamics of the precious metal markets. His astute observations have granted him a profound understanding of the forces at play, enabling him to forecast price movements with exceptional accuracy. In 2008, Craig moved on from his long-standing career to become a serial entrepreneur.

As the editor and publisher of TF Metals Report, Hemke approaches the subjects of precious metals, financial markets, and the economy with both reverence and wit. He seeks to expand the global awareness of critical issues across the markets. The website has cultivated a devoted global following, fostering one of the most robust online communities of like-minded individuals in the precious metals domain

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Robert Kientz

President of the Gold Silver Pros

Robert is the founder and editor of Gold Silver Pros – a research and educational website dedicated to precious metals. With over twenty years of investment experience in the bond, stock, real estate, commodities, Forex, and precious metals markets, he emphasises long-term, cycle investing in gold and silver markets. He has founded and now operates two real estate companies in Texas.

His work has been featured on Yahoo Finance, Market Watch, NASDAQ.com, Seeking Alpha, Talk Markets, Stockhouse, Mining Feeds, APMEX, GoldSeek, Financial Sense, Technically Speaking, Silver Doctors and many more publications. He is also the author of the book Drop Shadow: The Truth About the Economy.

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Andy Schectman

President of Miles Franklin

Andy Schectman is the president and founder of Miles Franklin, a leading precious metals investment firm. With over three decades of experience in the industry, Schectman has positioned Miles Franklin as a trusted source for gold and silver investments, achieving nearly $10 billion in sales without a single customer complaint. His company is known for its dedication to integrity and customer satisfaction.

Schectman advocates for viewing precious metals as enduring wealth rather than conventional investments, emphasising their role in preserving value through economic upheavals. He is also a vocal critic of fiat (paper) currency systems and frequently discusses the implications of global financial shifts, such as de-dollarisation and central banks’ growing interest in gold.

Andy’s insights are often sought in discussions about the intersection of geopolitics, macroeconomics, and the precious metals market​.

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