Liberty and Finance, Released on 7/28/20
What happens next when, anticipating a financial crisis, we have bought gold & silver as insurance against the dollar as “the canary in the coal mine,” and then the canary falls off its perch? Is it time to celebrate, or is this the beginning of the end?
Co-founder of the Gold Anti-Trust Action Committee (GATA.org,) Bill Murphy, returns to Liberty and Finance / Reluctant Peppers to report on the changed behavior he is seeing in the gold & silver markets, which he says signal that the paper manipulation of metals prices have been broken, and concentrated short holders are in a buying panic to cover their short positions and go long.
Bill answers viewers’ questions about this volatile time that will affect all our lives. What is next?
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.