Ed Steer: Gold/Silver Price Management Scheme Will End 'Spectacularly & Suddenly'
by Mike Gleason, Money Metals:
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear a fantastic interview with first time guest Ed Steer of Ed Steer’s Gold and Silver Digest and also board member at GATA. Ed talks about a strategy that many mining companies are employing today that will have a long term and detrimental impact on the future supply of gold and silver. He also reveals how manipulation in the precious metals markets is poised to backfire. Don’t miss a wonderful interview with Ed Steer, coming up after this week’s market update.
Despite a big decline in crude oil prices and a slightly stronger dollar this week, precious metals markets are holding their own. Gold prices currently check in at $1,286 an ounce, up 0.8% since last Friday’s close. Silver is up 1.0% this week to trade at $17.11. Platinum prices come in at $944 per ounce, while palladium is trading at $993 as of this Friday’s recording.
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Source: https://www.sgtreport.com/articles/2017/11/18/ed-steer-goldsilver-price-management-scheme-will-end-spectacularly-suddenly
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