You are here

GATA's Ed Steer talks silver price suppression with Money Metals' Mike Maharrey

Section: Daily Dispatches

9:12a ET Saturday, July 20, 2024

Dear Friend of GATA and Gold:

GATA board member Ed Steer, proprietor of Ed Steer's Gold and Silver Digest, is interviewed today by Mike Maharrey of Money Metals Exchange about silver price suppression on the New York Commodities Exchange, where paper trading is still dominating physical trading despite signs of a big shortage of metal for the physical market.

... Dispatch continues below ...


... ADVERTISEMENT ...

Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver

Bullion Star is now open in the United States, offering gold and silver bullion at extremely competitive prices with free delivery. Bullion Star also offers customers a year of free vault storage along with free delivery as well as storage in its secure precious metals vault in Dallas, Texas.

Storing precious metals is challenging. Homeowner's insurance seldom covers precious metals, and safe deposit boxes offered by banks are neither insured nor covered by the government deposit insurance. Bullion Star's vault is an independently run, Class III UL-rated vault with uncompromising surveillance and round-the-clock security.

With Bullion Star you can transact and store your metals securely and confidentially. Your bullion is fully insured against all risks at full replacement value. Bullion Star uses five audit methods to verify the existence and correctness of your stored bullion.

For more information, please visit:

https://www.bullionstar.us/


The physical shortage, Steer says, is indicated by the increasingly frantic movement of silver in and out of the Comex and silver exchange-traded funds to cover metal deficits.

Maharrey's interview with Steer is 25 minutes long and begins at the 7-minute market at the Money Metals Exchange internet site here:

https://www.moneymetals.com/news/2024/07/19/ed-steer-on-money-metals-podcast-insights-on-gold-silver-and-market-dynamics-003328

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

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