The Bullion banks are hugely shorting the current rallies, but physical demand in increasing…
Dear Friend of GATA and Gold:
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):
(started at the 38:53 timestamp)
Gold Anti-Trust Action Committee Inc.
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