Ed Steer of Casey Research and GATA on silver’s performance thus far this year and why he’s glad to see the end of the London silver fix.
At the Canadian Investor Conference, held in Vancouver from June 1 to 2, the Investing News Network had the chance to speak with Ed Steer of Casey Research and the Gold Anti-Trust Action Committee (GATA).
The newsletter writer expressed his disappointment in silver’s performance over the past six months, suggesting that several factors relating to the nature of the COMEX trading system may have contributed to the drop.
When asked about the imminent stoppage of the London silver fix, Steer said that he is glad to see it go, noting that he sees no reason why silver should be traded with the fix.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.