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Bill Murphy: Blatant Post Qe4 Silver And Gold Metals Raids

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Pillar of the Community

Canada
1723 Posts
 Posted 12/14/2012  9:59 pm Show Profile   Bookmark this topic Add samsnate to your friends list Get a Link to this Message Number of Subscribers

A nice little rant by Bill Murphy


AltInvestors has released a MUST LISTEN interview with GATA's Bill Murphy on the Fed's QE4 announcement Wednesday, in which the Fed effectively admitted to full and open monetization of the US deficit.
Regarding the gold and silver raids Wednesday night and Thursday, Murphy states that the action is just farcical, there is NO EXPLANATION for an absolute smash in the metals in the wake of QE4, and that the cartel is desperate to protect their naked shorts.
Murphy states in 14 years he has never seen such obvious manipulation in gold and silver, and it indicates that something is very, very wrong in the bullion banking cartel. Murphy stated that the blatant cartel capping and manipulation of gold and silver is the most blatant and heinous crime on the American people in history, and that the scumbags are getting away with their crimes because there is no rule of law left in America.


http://www.silverdoctors.com/bill-m...g-desperate/
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Coin Addict's Avatar
United States
110 Posts
 Posted 12/14/2012  10:20 pm  Show Profile   Bookmark this reply Add Coin Addict to your friends list Get a Link to this Reply
I caught this earlier and I concur with samsnate that's it a great rant. Bill's always got a few ready.
Pillar of the Community
Canada
1723 Posts
 Posted 12/14/2012  10:24 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
He's got a lot of fire in his voice. It makes me happy.
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ArrowsAndRays's Avatar
United States
1660 Posts
 Posted 12/15/2012  11:47 am  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
"something is very, very wrong in the bullion banking cartel."

Because his August prediction "[silver] probably going to go to $40 or $50 and it could do it fairly quickly" didn't come true? He's sounding like The Little Boy Who Cried Wolf.
Pillar of the Community
Canada
1723 Posts
 Posted 12/15/2012  12:22 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
There is still one fact that remains to be true. When QE4 was announced and silver jumped up .80, that is the way a free market would move. There (IMO) is no reason that after QE4 was announced that we should be trading $1.20 lower than before the announcement. We've gone to the highs of $49 after QE and QE2 and have retracted all the way to $26. year on year, we're doing good...but if we were actually trading in a free market .....another 2 rounds of QE... QE3 and QE4 announcements should have us trading higher than we are now. Not into the $40 but higher that $34. Heck you want to look at it black and white....if 2 rounds took us from $20 to $49....2 rounds again should have us from $26 to $49. That's just black and white, but again, 2 more rounds SHOULD have us over the $34 mark. For a commodity that is supposed to be a hedge against inflation...where did the fundamentals go? JMO.
Edited by samsnate
12/15/2012 12:23 pm
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Ed_B's Avatar
United States
4008 Posts
 Posted 12/18/2012  5:36 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
If the game is rigged, Sam, do fundamentals really matter?
Pillar of the Community
Canada
1723 Posts
 Posted 12/18/2012  6:37 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Well that just it isn't it ED. Kind of the point of this thread. We all just keep thinking how this is allowed to go on for so long during a time when this should be the safe place for many to invest or rather preserve their wealth. Instead so many have to bow down to the very few. I cant wait for the day these
ba$%$#ds are finally caught with their pants down. Cant wait for that day when it becomes somewhat of a free market. Cant wait for the day that just a few powerful people ask for delivery. This say is going to be a happy day!
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