Liberty and Finance, Released on 10/22/24
Ed Steer (https://edsteergoldsilver.com/) discusses the current dynamics of the precious metals market, focusing on the significant short positions in gold and silver, the rising demand from BRICS nations and central banks, and the evolving reasons for gold purchases. He emphasizes the importance of holding precious metals as a hedge against economic instability and inflation, while also addressing concerns regarding vault storage and security. The discussion concludes with insights on how new investors can navigate the precious metals market effectively.
0:00 Intro
1:15 Silver update
9:15 World Gold Council’s report
11:35 New investors
22:00 Ed Steer online
Ed Steer is the founder of Ed Steer’s Gold and Silver Digest and a director at GATA.org.