Liberty and Finance, Released on 2/2/22 (Recorded on 1/31/22)
Bill Murphy, co-founder of The Gold Anti-Trust Action Committee (GATA.org,) says manipulation caused a demoralization in the gold market last year. “When they lose their physical supply to complement these paper raids,” he says, “gold and silver are going to go bonkers.”
Despite rampant inflation and a raging commodity market, Murphy says we are seeing a dichotomy in the silver market: the retail physical bullion market is running out of supply, while the paper prices remain singularly low vs. all other commodities.
0:00 Intro
1:12 Manipulation in 2021
3:30 Manipulation or trading?
4:56 Regulation
7:14 Dichotomy in silver
14:57 Silver producers
15:40 Inflation
17:12 Early or late
19:18 Supply vs demand
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.