Gata Chairman Bill Murphy talks Gold Price Suppression with Al Korelin
Al Korelin catches up with Bill Murphy, Chairman of Gata (Gold Anti Trust Action Committee) and discusses the events driving the recent markets volatility.
The Gold Anti-Trust Action Committee was organized in the fall of 1998 to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments. The committee arose from essays by Bill Murphy, a financial commentator on the Internet (LeMetropoleCafe.com), and by Chris Powell, a newspaper editor in Connecticut.
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HI Scott,
Way to go on the gold coins!
I too like silver here.
Best,
Big Al
The days I buy silver at these prices I love it. The days I cannot buy silver at these prices and it goes down further, I hate it.
One person who confounds me when he opens his mouth is Dave Morgan, the “guru” of silver. In my humble opinion, Mr Morgan is to gurus what peanut butter is to food.
Here is an interview where Dave Morgan, the fence sitter is skeptical on a silver manipulation. Of course the interviewer is another person that is someone I ignore, Jim Puplava, who was on a mission in one of his shows, to dismiss the idea of any price suppression. I can email it to you but it is on http://www.youtube.com
Just enter ” max keiser jim puplava gold suppression”
http://silver-shortage.blogspot.com/2011/11/david-morgan-on-fundamentals-of-silver.html
Typical Dave Morgan stuff. yes long term silver is great but long term we are all dead.
How about a debate between Bill Murphy, Chris Powell vs. Jeff Christian and Jon Nadler moderated by Dave Morgan?
As I have often stated, anyone who thinks that you can spend your way to prosperity is devoid of reality. Bill Murphy has done an admirable job of exposing and stating the obvious to those who will listen and observe. I am fully invested in the physical metals, and despite the day to day machinations, I have noticed that each foray into the “free” markets by the powers that be is less and less effective. The watchword is patience!
Morning Nicholas,
You mean if I purchase a BMW and a fancy house both totally on credit that does not make me rich! What a novel idea.
My friend, I agree with you completely,
Big Al
Bill woke me up in 2000 and I’ve been a fan ever since. In my personal opinion, silver is exponentially undervalued and a gift at lower prices. If Droke is correct and the price of sliver goes to $20.00 that will be the biggest gift to the investing public and I’ll be buying physical as others are spooked.
Great interview Al K., thanks for having Murphy on.
Mr. Martin,
Murph is a good friend. I always have all the time in the world for him.
Big Al
Great interview……………………..if QE2, QE3 can happen in heartbeat to support the market, I unfortunately can see the “bums” continuing to hit gold until the cows come home. The old phrase, “can’t fight city hall” seems to be appropriate. Remaining long on gold and PM stocks but the walking uphill remains frustrating.
Better uphill than downhill. But the beast and his minions will not go gently into the night.
Central banks were net buyers at the same time they body slammed the price of gold and silver in the paper market. What evil lurks behind that ‘open window’? Only the shadow knows…. But soon the curtain will be pulled back and there will be dancing in the streets and hanging decorations–just like during the end days of Mussolini.
HI Don,
QE3 is going on isn’t it? Who is buying 80% of the bonds issued by the Fed.
Yep, it is uphill but the downside is going to be great!
Big Al
HI Don,
I argue that QE3 is happening. Who is buying the majority of the bonds issued by the Fed. The answer is, according to my information, the Fed is buying 80% of them.
Big Al
Why is the price of silver going down?
Hi Al,
I really appreciate your show and all your guests.
I would like to suggest that in addressing Bill Murphy as we all know has done
an incredible job with GATA that you call him by either Bill or Mr. Murphy.
It really bugs me when you address him as Murph the smurf it shows disrespect
and does not provide credibility for him to first time listeners or viewers.
I am an old time follower and would appreciate addressing this man
who deserves the utmost respect, regardless of how well you know him.
Thanks for this opportunity to express my views.
For the sake of new listeners, I have to agree with Mary. Bill is controversial enough. What he is doing is very serious. We shouldn’t diminish him in any way, even in jest.
I bought half oz. gold coins about 4 years ago. I bought at 1100 an oz. I may buy some more. I like silver here as well. What is the opinion of Palladium?? I bought and sold it X2 at a modest profit. good health to you all S