Many economists around the world are predicting a stock market crash this fall. Some are predicting full-blown collapse, while others are merely predicting a major correction in the markets. Perhaps the later are optimists or are motivated to help keep the public calm? Maybe the others are just fear mongers? Regardless, there is widespread consensus that the US economy is very fragile and according to the IMF and the Bank of International Settlements, the world is defenseless against the next financial crisis. If the financial leaders are openly admitting that no rescue plan is possible, where does that leave you if the market does collapse?
Today’s guest, Andy Schectman, is the CEO and president of Miles Franklin, an investment firm that specializes in precious metals, offshore investments, investment funds, and wealth management. He joins us to provide his insight on the global investing environment and gives advice on how to protect your wealth long term. We also talk about the geopolitics behind the money powers, what China’s end game could be and how strategically they are accomplishing this maneuver.
You can learn more about Andy Schectman and Miles Franklin at http://www.milesfranklin.com/