Bill Murphy comments on gold’s remarkable ascent above $2,000

GoldSeek, Released on 1/23/24 (Recorded on 1/20/24)

– Gold is holding firm around $2,000 for the longest time in recorded history.
– Is the investor love-affair with US equities subduing interest in the PMs sector?
– Is gold like Aesop’s fabled tortice – slowing crawling to victory?
– With the intrinsic value of gold around $1,600 and analysts calling for $3,000 gold, the risk-to-reward case for PMs is compelling.

Bill Murphy is a 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. He also runs a paid subscription service called Le Metropole Cafe. 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.

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