Bill Murphy: Don't Give Up — Gold is Headed for a Big Move Higher

TL;DR

Gold market manipulation and market rigging by the gold cartel, including bullion banks and government entities, continue to suppress gold and silver prices. Investors should be patient and consider investing in undervalued gold and silver shares.

Transcript

I'm Charlotte McLeod with the investing news network and here today with me is bill Murphy chairman of the gold antitrust action committee he writes daily on the Metropole cafe his website thanks so much for joining me thanks for thinking of me good to see you again yes good to see you we actually last spoke a year ago at this conference to New Orl... Read More

Key Insights

• 🏅 The gold cartel, comprised of bullion banks and government entities, continues to suppress gold and silver prices.
• 🎮 Market manipulation extends to the stock and bond markets, with various entities intervening to control volatility.
• 🏅 Frustration persists as gold and silver fail to gain traction while other assets soar.
• 🎁 Undervalued gold and silver shares present an investment opportunity.
• 🐢 Political support for intervention in the gold market has been slow.
• ❓ The Plunge Protection Team is an example of intervention in the stock market.
• 😚 Silver remains suppressed due to fear of losing control.

Questions & Answers

Q: Have there been any recent developments in gold market manipulation?

Yes, the gold cartel, consisting of bullion banks and government entities, continues to attack the gold market, suppressing prices. Efforts are underway to gain political support for intervention through Congressman Alex Mooney, but progress has been slow.

Q: Is market manipulation limited to the gold market?

No, market rigging occurs in the stock and bond markets as well. The Plunge Protection Team is an example of intervention to control market volatility. Government law allows intervention in the gold and currency markets to maintain control.

Q: Why haven't gold and silver prices gained traction despite favorable monetary policies?

The gold cartel's efforts to suppress prices have kept gold and silver in the weeds. JP Morgan and the cartel prevent silver from rallying, fearing a loss of control. The undervaluation of gold and silver presents an opportunity for investors.

Q: What strategy should investors adopt under these circumstances?

Investing in physical gold and silver and ensuring safe possession is a prudent move. Additionally, undervalued gold and silver shares offer potential for historic returns once the market turns.

Summary & Key Takeaways

• The gold cartel, comprised of bullion banks and government entities, continues to manipulate the gold and silver markets, suppressing prices.

• Market rigging extends to the stock and bond markets, as well, with entities like the Plunge Protection Team intervening to control market volatility.

• Frustration persists as gold and silver fail to gain traction while other assets soar, but undervalued gold and silver shares may present an investment opportunity.