Greg Hunter – Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA), says the market manipulators and price suppressers of gold and silver are fighting a losing battle.
Murphy explains, “The open interest on silver is at all-time high levels even though the price is barely $17 per ounce. That shows they are going all out even now to keep it down here. So, at some point, they are going to be overrun.
They are going to have what we call a commercial signal failure, where these commercials to the big banks and other people who have been suppressing the price are just completely overrun. A lot of people are not prepared for that, but it is in the works right now. I am pretty sure it is going to occur.” Continue reading “Gold at All-Time Highs in 73 Countries [Video]”→
Greg Hunter – Chairman of GATA (Gold Anti-Trust Action Committee) Bill Murphy thinks financial markets are way more vulnerable than they appear. Murphy explains, “There are negative interest rates and low interest rates that just keep staying down there, and supposedly things are really good. Look at our Dow at all-time highs, and yet something is really wrong.
Of course, this fits into the GATA premise on this whole thing. There’s a lot of quantitative easing (money printing) and propping up of the markets, and it’s on very shaky ground. The plug could be pulled at any time. . . . With interest rates where they are and debt growing all over the place, the reasons to be in gold are off the charts.”
Murphy says “silver is Kryptonite to central bankers” because there is little supply to use in the cartel’s suppression game. Murphy says, “You mention the word Kryptonite and the key is what silver is doing. It is an extraordinary situation right now. . . . It seems to me that, this year, silver is in play . . . . That is this big money talking on the JPMorgan crowd and their game. They are gradually moving in for what I think is going to be one of the biggest market moves in history, and that is silver going to $50 (per ounce) and then a $100 (per ounce).
Another ‘Black Friday’ has come and gone. And it has left us with further evidence of the complete madness of the populace of our nation. America has been dealt a fatal blow by corporate greed, Bankster malfeasance and the insidious nature of collectivism — and it’s all been done to us by design.
The once proud and independent people of the United States have, in large part, been reduced to servants of the State. As Aldous Huxley famously noted, “People can actually be made to love their servitude.”
Featuring Mike Krieger, Rob Kirby, Chris Duane, Gerald Celente, Bill Murphy and many others, ‘Madness 3’ offers one last ‘fair warning’ for those with the eyes to see and the ears to hear.