You are here

GATA's Ed Steer interviewed by Mike Gleason of Money Metals Exchange

Section: Daily Dispatches

9:45a ET Saturday, November 18, 2017

Dear Friend of GATA and Gold:

Interviewed by Mike Gleason of Money Metals Exchange this week, GATA board member Ed Steer discussed the suppression of monetary metals prices by central banks and investment banks.

Steer, publisher of Ed Steer's Gold and Silver Digest letter --

https://www.edsteergoldandsilver.com/

-- said the metals prices are controlled by the major banks trading on the Comex futures market in New York and that most executives of monetary metals mining companies, being so well paid, don't care about price suppression's impact on shareholders.

Gold and silver production, Steer said, is likely to decline in near future and he predicts that the price suppression scheme will end "spectacularly and suddenly."

But, he adds, if there's a big correction in the stock market, the major banks will probably hit gold and silver prices hard to try to deny investors any safe haven.

Gleason's interview with Steer is about 15 minutes long and is available in both audio and transcript at the Money Metals internet site here:

https://www.moneymetals.com/podcasts/2017/11/17/taxes-gold-manipulation-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Fisher Precious Metals is preparing and equipping
clients for the upcoming 'Everything Bubble'

Fisher Precious Metals, North America's top-rated bullion dealer, known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.

We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":

https://fisherpreciousmetals.com/precious-metals/bullion-authentication/

As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.

Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:

https://fisherpreciousmetals.com



Join GATA here:

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16