GoldSeek, Released on 2/20/23
Bill Murphy of GATA.org rejoins the show on the heels of Superbowl XVII with PMs sector commentary.
– With inflation on the horizon, Bill expects PMs to outperform paper assets.
– The gold-suppression scheme is artificially holding the metals at low prices, notes our guest.
– After the gold-raids cease, bulls could regain control.
– Once silver clears the $25 ceiling, a stampede could ensue.
– It may be advisable to accumulate PMs while the markets are calm.
– Domestic and global investors are reminded of the Cypress-monetary reset, chiefly the importance of prepping for something similar.
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.