Loading ...You made reference to the feeling that you had been wandering in the desert for a long time. Today I was discouraged that we may be wandering in the desert for an indeterminable time in the future. That discouragement came as I listened to Ed Steer on a HoweStreet link that Overton posted on Goldtentoasis at 21:05 on 9 December. Ed Steer’s comments are near the end of the hour and a quarter HoweStreet discussion that Overton posted. The main point from Ed Steer that hit home for me, and hit home hard, was that the only thing that mattered in the pricing of silver was JP Morgan’s control of the paper silver price on the Comex. During the interview, Ed Steer, who is a director of GATA, answered several different questions in the same way, namely that nothing will change in the pricing of silver until JP Morgan decides it is time for a change. His focus was on the pricing of paper silver, but I think he was applying his viewpoint to gold as well. Steer’s comments were sobering. Cheers. Equiz
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