Andy Schectman, president of Miles Franklin, outlined his latest thoughts on the BRICS nations, sharing his thoughts on whether the bloc’s plans will be affected by Donald Trump’s return.
‘So no, this will not stop their drive to accumulate gold and to lessen their dependence on the dollar.’
Schectman also noted that gold and silver are still underowned in the US, and explained what could trigger more buying. In his view, it could take an event as significant as a major bank bail-in.
Watch the interview above for more on what Schectman sees coming in 2025, as well as how to position. You can also click here to view our Vancouver Resource Investment Conference playlist on YouTube.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.