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Silver is Kryptonite to Gold Cartel Bankers – Bill Murphy

Greg Hunter, USA Watchdog, Released on 8/14/16

“The real key for this gold cartel, as we call it, is the suppression of the gold price. They realized a long time ago they couldn’t have a dichotomy between the silver and gold. So, they got involved in the silver market (to suppress the price) to make gold look like it should be doing what it is. The problem is they are running out of physical silver to keep the price down.”

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.

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