With Gold & Silver markets falling flat after the predicted Sept 30, 2016 event of the Chinese Yuan joining the SDR, and with the US Presidential election fast approaching, how will the outcome of the election play out for Gold & Silver? Why are gold & silver managed as they are, and when will the current stale-mate be broken? Bill Murphy, co-founder of the Gold Anti-Trust Action Committee GATA.org returns to Reluctant Preppers to offer insight on the resurgence of manipulation and his prediction on when the endgame will be up!
Bill Murphy is a former American professional football player, financial commentator, and the chairman and director of the Gold Anti-Trust Action Committee (GATA), which was founded as a result of Murphy’s essays on collusion among large financial institutions to suppress the price of precious metals. Murphy believes the price of gold is artificially low and has spent years lobbying the U.S. government to investigate market manipulation in the gold market. Earlier disregarded as a conspiracy theorist, his arguments were strengthened by a London precious metals trader who became a whistleblower and an American commodities trader, who inadvertently revealed that gold was leveraged 100 times physical.