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Fireworks Coming For Gold & Silver? | Bill Murphy

Elijah Johnson, Silver Doctors, Released on 3/30/17

If silver breaks through $18.50, and then through $21, silver could start trading “almost like no other market in history.” Chairman of the Gold Anti-Trust Action Committee says not only silver, but also gold, may be ready to breakout to the upside. But here’s the caveat: “Until the gold cartel is defeated, the precious metals will never go up in our lifetime,” Murphy says, “But I think it’s going to happen, and I think we’re close.”

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.

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