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Debt will explode financial system and boost metals, commodities, Steer tells Wall Street Silver
9:30p ET Wednesday, July 28, 2021
Dear Friend of GATA and Gold:
Wall Street Silver's standing committee of Lee Juston, Jim Lewis, and Ivan Bayouhki today interview GATA board member Ed Steer, publisher of Ed Steer's Gold & Silver Digest letter (EdSteerGoldSilver.com), about silver's prospects and the creakiness of the world financial system.
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Commodity prices, Steer says, have been suppressed by derivatives for 50 years, but debt is going to explode the financial system and force an upward revaluation of the monetary metals and commodities.
The Sprott physical silver fund (PSLV), Steer says, is steadily absorbing the silver inventory of the New York Commodities Exchange.
Steer's interview is a half-hour long and can be viewed at YouTube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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