Massive Divide Between Little Guy and Big Guy in the Market w/ Andy Schectman

Not just less than 1%, 100%. Every single one of them, one-to-one. Now that’s as unusual as anything I have ever seen. And a lot of it left the COMEX. So there’s a guy that follows me on Twitter. I didn’t know who he was, but I started looking at him and I wanted to give him credit. His name is PMbug as in Precious Metalsbug. And he says, I looked at the totals for the COMEX daily silver stock reports for the last few days. And they’re dated August 1st, 4th, 5th, 6th, and 7th.

3rd and 4th, 2nd and 3rd must have been a Friday or Saturday Sunday. Anyways, on the 1st, 4th, 5th, 6th and 7th in total, silver delivered into COMEX. 1,721,192 ounces. That was delivered. Now that’s a lot for five days to be delivered into COMEX. But what left the COMEX now, what I mean by leave, it was delivered and actually withdrawn out of the COMEX which is a huge deal because nothing ever did that. So they delivered 1,721,000 ounces. What left over that same time frame? 1,890,316 ounces. So more metal is leaving than is even coming in this month.

Huge amounts. So the question is who the hell is taking possession of 1.9 million ounces of silver? Where is it going if it’s leaving the vaults of COMEX? Who’s got space big enough to hold 3 or 4 semi tractors worth of trailer tractors worth of silver? And the same thing is true with gold. Most of the gold that we saw delivered over 2 million ounces left the COMEX. So whoever is buying it is taking it. And I think that’s really, really very important because these people are very well informed and they don’t do things like this.

In total, you’re talking $15 billion worth of gold and silver. Most of it left over five days. That’s just the first beginning of the contract. I haven’t updated it for this week. I’m sure it’s much more. But these are the kind of things that the people in the know are doing and that’s the important part here is that the people in the know are doing this. I had mentioned to you last week that you had all-time high record investment in the stock market by the retail public and all-time high record margin debt by the public.

Publix is going to be a sitting duck. It is. And it just came out they also have all-time high option exposure. This is levered exposure between options and margin that you would typically see at the very, very top end of a bull market mania. At the same time, you have all the insiders selling and the insiders sold since June 1st. Bezos, $6 billion of Amazon sold since June 1st. The insiders, board members and huge stockholders of Nvidia, hundreds of millions each since June. And as you mentioned, Buffett, $500 billion in cash and cash related assets.

So the insiders are going this way as the public is all in inequities and on margin and on huge option exposure. The opposite is true with commodities. They have very little the public does. But yet we’re seeing people stand for delivery for 1.9 million ounces of silver in five days and 20,000 contracts of gold over 2 million ounces in three days. Most of it standing for delivery. These people are very sophisticated and very in the know. And I would do less about what we see on the mainstream and follow these people who are the ones that quietly are positioning themselves for what’s coming next.

Because they know the outcome. Well, they know. That’s why I brought up Pelosi’s husband. They know. When they know, they move. I hope they throw his ass in jail, to be honest with you. I agree with you. It’s long overdue. If Trump wants to gain credibility, not only with the world, but with the people in this country, you have to see some form of consequence. They threw poor old Martha Stewart in jail for doing insider trading. And Paul Pelosi is supposed to be known as the greatest investor in the world. It’s interesting that these kinds of picks of who wins and who loses, it’s wrong.

They go after Martha Stewart for almost nothing because they wanted to take her down. And then somebody like Paul Pelosi, who did a hundred thousand times worse than anything she did, is left to skate. It’s just wrong. It’s wrong. Well, let’s hope that they’re true to their word and they actually are going to prosecute. Well, okay. How do people get hold of you? Sarah Westall dot com slash miles Franklin. Give us your spiel. You’re the most trusted. I got to tell you, you’re the most trusted gold dealers, precious metal dealer out there through, through your actions and through what customers are saying and through just how you treat people regardless of any of the, I know you talk about Minnesota and why you’re doing Minnesota.

It’s because you just are good people. You’re not going to screw people over. Appreciate that. No, we don’t want to do that. And we’ve never had a customer complaint in 36 years and we won’t. It doesn’t mean we don’t make mistakes. We do. I love coming on your show and spending a little bit of time talking about what’s happening, but I love being associated with you because you’re doing the right thing as well. And that’s the best any of us can do. I can’t wait to see your, your show with general MacArthur, right? Douglas McGregor.

Also, he was the advisor to the secretary of defense. He’s dead. Longs instead. McGregor. Yes. And I can’t wait to see it. And I was reading that and I look forward to it. You’re, you’re stepping up with some very, very big, big names and I’m excited to watch it, but I’m excited to be part of what you’re doing and, and happy to help any way I can. And info, or excuse me, um, Sarah Westwall forward slash miles Franklin and, and ask for our price list. We will always typically can even do better than what you see on the price list where we strive to get your people to the finest price, the best service, white glove, the whole nine yards.

And I like coming here and just chatting for a few minutes of what’s going on with the world. Some days can be longer, some shorter, but I have a feeling that as we head into the end of the year with the position that we see with the retail public versus the insiders, there’s going to be a lot to talk about and I stand ready to do so. Well, I think us calling it out last week, seeing the little guys ready for a big fall, I think is really what’s happened. I, I, it, the writing’s on the wall.

It’s unfortunate, but it is, but that’s why they people need to heed, you know, the sum of this advice and just protect yourself. Right on. Well, anything we can do to do so, we will. And I look forward to chatting with you next week, Sarah. You stay well and we’ll talk soon. See you next week. Thanks, Andy. Bye, Sarah. Thanks. Thank you. [tr:trw].