Gold And Silver “Seasonality” Means Nothing In Rigged Markets

The Bullion banks are hugely shorting the current rallies, but physical demand in increasing…

from GATA

Dear Friend of GATA and Gold:

GATA board member Ed Steer, publisher of Ed Steer’s Gold & Silver Digest (https://edsteergoldsilver.com/), was interviewed a few days ago by Jim Goddard for HoweStreet.com.

Among other things, Steer said:

— “Seasonality” means nothing in rigged markets like those of gold and silver.

— The next global currency likely will have gold backing.– Zero interest rates are coming to the United States and will boost the price of all real assets.

— Bullion banks are hugely shorting the current rallies in gold and silver but physical demand is increasing.

The interview is 16 minutes long and begins at the 38:53 mark here (or embedded below):

https://www.howestreet.com/2019/08/31/this-week-in-money-198/

(started at the 38:53 timestamp)

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

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