Andy Schectman — research hub

CEO of Miles Franklin (physical bullion dealer, est. 1989) · a physical precious-metals & monetary-reset voice (gold/silver, COMEX deliveries, central-bank buying, de-dollarization) — running synthesis of his interviews, with per-transcript breakdowns. Mostly macro/metals: few single-stock calls.

Sections: stock index · overall thesis · the product · transcripts. Last updated 2026-JUN-24.

Stock & name index

Schectman is a physical-bullion dealer, not a stock-picker — his appearances are about gold & silver, COMEX deliveries, central-bank buying and de-dollarization, so this equity index is sparse. The substance lives in each transcript's talking points and feeds the master macro viewpoints (gold & precious metals, de-dollarization, US-dollar debasement).

▲ Positive

Ticker	Name	Current thesis	Research	Seen in	Total $k

► Neutral / referenced

Ticker	Name	Current thesis	Research	Seen in	Total $k
BRK.B	Berkshire Hathaway	Buffett's ~$400B cash pile cited as the tell on how little value remains in a market piled into ten stocks.	QT · SA · STK · FA	2026-JUN-24	—
Tether	Tether (USDT issuer · private)	Center of his (unproven) 'proxy accumulator' theory — a stablecoin issuer recycling Treasury interest into gold, possibly quietly buying for the US Treasury.	—	2026-JUN-24	—

▼ Negative

Ticker	Name	Current thesis	Research	Seen in	Total $k
AAPL	Apple	Named alongside NVIDIA/SpaceX as the over-owned, margined stocks an AI crash would force-sell; a metals down-leg from that would revert higher.	QT · SA · STK · FA	2026-JUN-24	—
NVDA	NVIDIA	Cited as a crowded, margin-funded mega-cap (with AAPL/SpaceX) whose forced de-leveraging could spill into a gold sell-off — but only temporarily.	QT · SA · STK · FA	2026-JUN-24	—
SpaceX	SpaceX (private)	Lumped with NVDA/AAPL as a crowded, margined mega-bet whose forced unwinding could briefly drag gold lower before metals revert higher.	—	2026-JUN-24	—

Overall thesis

In one line: the gold/silver price decline is "misdirection" — paper prices are being kneecapped while record physical deliveries, central-bank buying-the-crash, and a quietly-built non-Western settlement system show the strong hands accumulating; the thesis is intact and "it is not time to go."

Deliveries are the tell. Standing for physical delivery has historically averaged <1% of contracts; in 2026 it is at record levels (~170M oz silver, ~9.9M oz / ~$45B gold Jan–May; ~$13B gold in June alone). Sovereigns/strong hands are taking numbered bars, not paper warrants — "price is misdirecting."
Central banks bought the crash. Reported 15 tons last quarter vs ~244 tons through the refineries (per the World Gold Council) — buying as the price fell; ~1,000 tons/yr for four straight years. This is positioning, not confusion.
This isn't 2012/1980. Volcker's 18¾% rates broke the last cycle; that can't happen on a 30-year over-leveraged system. The new factor is record deliveries + a collapse of trust (Russian-reserve sanctions, repatriation by France/Germany/Netherlands/India et al).
A parallel system is being built. CIPS + mBridge rails; immediate-delivery metal contracts in Dubai/Singapore/Hong Kong/Shanghai; Belt-and-Road exchanges settling trade in gold — gold being reintegrated into the monetary system "very slowly," which is why it's easily dismissed.
Stablecoins are a Western gold bid. The GENIUS-Act stablecoin issuers keep the (non-transferable) Treasury interest and buy gold with it — indirectly gold-backed; taking that interest into gold devalues the dollar, eases the debt, and helps reshoring. Pairs with the Judy Shelton gold-bond idea (and the Paul Winfrey/Warsh + US-Mint commemorative-coin "tells").
Where's the bottom? "Pretty close" — sub-$60 silver / a brief sub-$4,000 gold would shake out the speculation and expire the options worthless. Owns metal as wealth, not to get wealthy; keep dollar-cost-averaging.

The product

Grounded in what Schectman said on the archived 2026-JUN-24 Thoughtful Money appearance.

What it is: Miles Franklin (est. 1989) — a physical precious-metals dealer Schectman runs; the Thoughtful-Money-endorsed metals solution. Retail clients buy/sell/store physical gold & silver (Brinks vaulting), with a standing audience-only discount and tax-strategy guidance.

Offering	What it is	How he runs it	Seen in
Junk-silver special	90% "junk" silver (dimes/quarters/halves) sold below spot	Audience offer via thoughtfulmoney.com/buygold; widened to ~$2-under-spot for ~4 months, now ~75¢ under (halves the best value) as the refiner backlog heals	2026-JUN-24
Physical buy / sell / store	Bullion + Brinks vault storage	Metal held in client's name; the firm coordinates physical moves so transactions are "solid"	2026-JUN-24
Precious-metals tax swap	Sell + immediately rebuy the same metal to book a loss (wash-sale rule applies only to securities, not commodities)	~2% round-trip; proceeds re-applied to storage so it's "paper-trail free"; resets basis — clients advised to confirm with their accountant	2026-JUN-24

Serves retail by undercutting spot on junk silver — a rare below-spot entry he frames as the best value of his 36-year career.
Custody + tax tooling — Brinks storage and the legal tax-swap let retail holders harvest losses without giving up the metal.
Hand-holding — a short form routes audience questions (buying/selling/storing) to his staff; he'll take named requests personally.

Transcripts

One dated page per appearance — each has its talking points and the saved transcript. Newest first.

Date	Title / analysis page	Show	Video	Transcript	Actionable insights
2026-JUN-24	Where Is The Bottom For Gold & Silver?	Thoughtful Money	▶ YouTube	transcript	actionable insights

To process — backlog

Andy Schectman appearances discovered via search (Andy Schectman Miles Franklin), not yet processed — verify publish dates & channels, newest first. Limited to the last ~2 years. None queued yet.