Bill Murphy: Silver Is Close to the Cost of Production

GoldSeek, Released on 3/19/23

1.00 – Market manipulation?
1.25 – When silver catches up with gold, look-out above!
4.20 – Selling gold can be deletarious to your account – via The LTCM fiasco.
7.00 – Silver is close to the cost of production.
7.25 – Risk of runaway prices via inflation.
8.40 – When sellers run out of physical supply, the PMs will soar.
9.20 – Most major pension funds, deep pocketed investors, have less than one half of one percent invested in gold, hinting at monumental demand just ahead!
11.00 – The next market advance could unfold much more quickly than most investors expect.

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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