GATA Board Member Ed Steer Explains How The Futures Market Controls Gold & Silver Prices

The prices of gold & silver have very little to do with supply and demand and nearly everything to do with a controlled futures market. Here’s Ed to explain…

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Dear Friend of GATA and Gold:

Jim Goddard’s “This Week in Money” podcast did a 20-minute interview last week with GATA Board of Directors member Ed Steer, editor of Ed Steer’s Gold and Silver Digest letter (https://edsteergoldsilver.com/), discussing the monetary metals and how their prices have little to do with ordinary supply and demand but nearly everything to do with futures market trading largely controlled by JPMorganChase.

The interview can be heard here (it starts when the Ed Steer interview begins):


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow…

* * *

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

 


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

*