The Coming Era Of Rate Cuts | Andy Schectman
How will they impact asset prices?
The Federal Reserve is highly expected to cut its policy rate by 0.25% next month.
The market is currently expecting several more rate cuts to follow after that, later this year and in the first half (at least) of 2026.
If this indeed comes to pass, what will this new era of rate cuts mean for asset prices?
In a livestream this morning, precious metals expert Andy Schectman, CEO of Miles Franklin, and I discussed exactly that, as well as the unprecedented activity he’s currently seeing in the bullion market.
To listen to the replay of the livestream, click here or on the video below.
FYI: if you’re looking to purchase bullion online, Thoughtful Money recommends Miles Franklin, co-founded, owned and operated by Andy. The firm has been in operation since 1989, and is a full-service precious metals broker with a mission to educate the masses on the benefits & principles of sound money and deliver fair pricing.
Given the important of the partnership between Thoughtful Money and his firm, Andy himself has offered to give Thoughtful Money followers the “white glove” treatment. So if you’re interested in learning more about their services, email them directly at info@milesfranklin.com and Andy or one of his lieutenants will give you personal attention, answer all your questions and work to get you the products that best meets your needs at the best possible price.
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Adam’s Notes: Andy Schectman (recorded 8.20.25)
EXECUTIVE SUMMARY:
Economic and Market Context: Andy Schectman highlights increasing economic fragility, with significant unemployment revisions and a disconnect between soaring equity markets and Main Street struggles, fueling expectations of Federal Reserve rate cuts starting potentially next month.
Precious Metals Surge: Unprecedented demand for physical gold and silver, with record COMEX deliveries (100% of August contracts) and withdrawals, suggests sophisticated investors, possibly including the Treasury or Fed, are accumulating metals to hedge systemic risks.
Bullish Outlook for Gold and Silver: Rate cuts, dollar devaluation, and a potential silver short squeeze due to massive short positions by Western banks drive Schectman’s bullish stance, with silver offering asymmetrical upside due to supply constraints.
Global Monetary Shifts: The West’s loss of leverage, BRICS’ new exchanges, and China’s gold-backed yuan signal
