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Silver Investing

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

"(Silver is) still undervalued, there's still a long way to go by every metric," said Andy Schectman of Miles Franklin.

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.


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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.