Here’s What Bill Murphy says about silver manipulation
Click download link to listen on this device: Download Show
Totally agree. Murphy, Turk, Sprott, and countless others are right. For whatever reason, Hoye and his groupies have blinders on.
Marc,,I second or maybe third that…
I turned Hoye and that group off…use to listen all the time..but,
they seem to be confused on many issues….
Oh yeah Marc,
We have to hang on and watch the upcoming fun!
Best,
Big Al
And BTW,
I am a huge silver fan and invest so.
Marc
Al and Murphy are solid. Has Bill Murphy ever been a guest on the Peter Schiff show? I doubt it. I apologize if I am proven not correct but I dont think that Peter likes being number 2.
Andrew MacGuire is a true hero. I wish nothing but the worst to the Western banking establishment.
Schiff likes to hear himself talk way too much to do a decent interview.
How can we participate in the latest trashing of the PM market with the Class Action Law Suite
Hi Joe,
You can contact Bill at LePatron@LeMetropoleCafe.com
By the way, going to my favorite Italian restaurant in about three hours. No, we’re not having macaroni and cheese!
Best,
Al
. Ain’t no ange limit on gorgeous. They have som fine old ass out here that can take them duenerts out n rick your world. Sanaa belongs on this post . Thank u.
If this is true I am sorry but I still believe we are fools sometimes for going up against these gouvernment backed thieves with hands tide behind our backs. These guys have the blessing of the Fed. How does the old saying go “Don’t fight the Fed” and here we are fighting them. When will these class action law suite start having an effect. Will they have an effect? What if the powerful Fed decides to intervine?
There will never be justice. I’m sorry, I just remembered;
“It is appointed unto man once to die after this the Judgement” Hebrews 9:27
There is no escape and the pnishment will be far worst than anything man can come up with. Are you listening O.J.
Yes it is depressing and tiring fighting the govt/financial/media complex. I have no idea if we will make our money back.
An example of the worthless US media:
But Ifeel better have my family’s money in metals than the insolvent US banks. BOA is DOA ( eventually).
Gainscope itu dari pialangnya FXDD, meekra terdaftar di Amerika Serikat di CFTC, NFA dengan nama pialangnya FXDD (FXDirectDealer).FXDD terdaftar di CFTC juga karena meekra memang pialang dari sana dan juga memiliki rekening bank di AS tersebut dan bukan di Indonesia. Sehingga ijinnya juga di AS tersebut dan resmi.Coba dilihat di webnya Gainscope.com tsb , kami pernah lihat ada keterangannya yang menjelaskan hal ini
Actually, Joe, you don’t necessarily have to go up against them. I’ve taken note of your past mention of your positions (sorry to hear, by the way, for taking losses. It takes courage to talk about losses in a public forum, and those who can do so often get to know their “trading personality” better than before). However, the manipulation Bill talks about will affect short-term traders, but not so much long-term holders of the metal. Even what Roger does with longer term derivatives can be relatively safer, esp if you use stops.
So, just keep socking away some of the real metal in bullion form, and let the investment banks go hang themselves, which they’re well on the way to doing.
Hi John,
how do these derivatives work
Great comment John W,
Big Al
HI folks… Every word that MR. BILL MURPHY speaks is the truth, & anybody who doubt’s that needs their heads examined,………in my opinion.
GLAD TO HEAR FOR BILL M.
anyone wanting to know about the shorts and Jpmorgan…this is the man.
Hi Al,
Great interview. Everyone seems to be aware of the silver manipulation. The question is, will the cftc every do the right thing? I doubt it, but I believe at some point the physical will overrun the paper.
Hey guys,
Thanks, I can add absolutely nothing to what you said. Boy, does that make it easier for me.
Best,
Big Al
HI KAREN With regards to the cftc, i think the answer is no. I remember reading something last year, that 3 members of the comity , were ex jp morgan staff.
Hi irishtony,
So there is the answer for sure. Proof positive that government agencies are not for the people. Have a good night.
Good on you, Big Al, especially since you and Roger took the position a few days back that what happened to the precious metals markets was not manipulation, notwithstanding the ‘timely’ margin calls on Au, Ag & Cu during theri overdue correction. Yes. they were straying well above their 50 & 100 dma and thus due for a correction–but not crucifixion.
Anyway, you win big with me in that your brought on MR. Murphy to make the counterpoint and explain the manipulations. For that I salute you! There are two sides to every story, and you let each side have their say.
Regards, Bill
HI Bill,
That’s what we are all about.
Big Al
Bill is telling the truth, and it goes on and on while the CFTC turns their eyes away. Anyone who does not believe manipulation and fraud is going on in the market is looking the other way because it would invalidate their position.
Technical people are especially this way because if they knew that the chart they are working on was painted, it would invalidate their whole system of belief. That is why you will commonly see Technical traders refute all evidence of a false chart, because their working hypothesis would be false. These people will say “Charts never lie” which is as dumb as believing Politicians never lie.
HI Clay,
Gotta tell you, I have a lot of respect for Trader Rog who is a technician.
I personally; however, stick with fundamentals because they have served me well in the past.
Best,
Big Al
Al– Thanks for fascinating interview and comments. So very glad you had Bill M. on today. Even though I read David Morgan, who discusses some of these things, I wanted to hear from Bill on this subject. Great job! Best to you, and all. –Lynn
Many thanks Lynn H,
Big Al
At last year’s Cambridge House conference in Phoenix, the GATA presentation was standing room only (partly because the salon was too small!). Bill Murphy gets a standing ovation from me.
check
Big Al, it is time that there is an airing of this on your show here. Anybody who has done their homework on this subject knows that these allegations will be vindicated. I think I heard you and/or Rog say something about not believing in “conspiracy theories.” I would be very careful trying to discredit the facts (regarding PM manipulation by the banks and the Plunge Protection Team, which includes the CFTC) by using such flippant descriptors. Discussion on these matters needs to adhere to facts and a careful reading of the allegations as they stand.
About lumping all accusations of undue influence into the category of “conspiracy theories, let me just say this: anybody who has seen the award winning documentaries “Inside Job” and “Meltdown” knows that there are entities in this country that have (like the Fed that doesn’t want to be audited) influence and power that it/they are able to use in ways that serve their own greedy purpose. This is all done in the dark, in certain collusive ways that escape the average person. Here is just one example of collusive influences that conspire to silence and bend things in ways that they should not be bent. Brooksley Born, the former Chairman of the CFTC, was threatened, intimidated, excoriated, belittled, shamed and then reviled by the banks (their reps in government) and by the Administration when she tried to warn the nation that there was something called “derivatives” and that they would blow up in our face (i.e. that there would be a world financial meltdown) if we didn’t act soon. The problem was not averted because the undue influence of power (i.e. manipulation) exerted by those who run this economy to their own liking (the recent furor created by the trader on BBC who said Goldman Sachs, not governments, rules the world comes to mind).
Free markets and price discovery in the PM market are, for all intents and purposes, dead. An all powerful and greedy force that has been declared “too big to fail” has basically taken over. The fact is that bank loses have been socialized (tax payers in Greece, Ireland, etc have to shoulder the burden), and profits privatized (the bank cartel and oligarchy cashes in in various untenable ponzi schemes).
Simply stated, there has been a huge transfer of wealth (i.e. looting) in this country (and others), and market forces no longer operate as the Founding Fathers wanted them to. It’s rigged to the point where we are in a completely new world. Those who don’t adequately stay ahead on the learning curve of this subject, don’t see it and deny it.
Ron Paul understands this, and therefore wants to get the government (and the FED) out of our lives wherever possible. But, anyway, much of what I have said above are just slogans and shorthand for facts that many know nothing about, so I offer you the following (besides the GATA webpage that all should dig into) to get the info for yourselves regarding what is and what is not a “conspiracy” theory.
For the Born story, you can go here:
http://www.pbs.org/wgbh/pages/frontline/warning/interviews/born.html
Also, here is a fantastic Bill Moyers piece on the questions of who controls what:
http://www.pbs.org/moyers/journal/finance/index.html
And, here is a link to “Meltdown”:
http://www.youtube.com/watch?v=ZWU65Zbka4E&list=FLd4FfgVAnwtWBlxf0KMRSmw&index=6
HI FOLKS. Go to GATA, read NED NAYLOR-LEYLAND. I go to GATA every day, great site.
This is one more nail in the coffin. Once again it is obvious to the most casual observer that we are not dealing with honest and uncontrolled markets when we buy gold and silver. Wallstreet always seems to be dead center or somewhere around the dealings of all asset markets. I guess we are all destined to be bit players on this stage.
I think Bill, Andrew and the GATA gang is spot on. They are making headway and exposing the obvous paid off fraud called the CFTC. I’ve been following them since 2000 and I believe without them, precious metals would have been lower. We certainly don’t get this sort of information from the “lame stream” media
CHECK. I have to say i for one agree with you 100%, People just dont know what forces are at play here, & if you try to tell them , then they think your mad. This plan for a oneworld government, is nothing new, its being in the process for 100s of years. The same as a one world bank. Old man rothschild, 300 years ogo started the process, all people have to do is search MONEY MASTERS, to find out what going today
Going back hundreds of years will clarify whats really going on. But Rothschilds are just willing minions.Open a history book. The answer is staring you in the face.
Big Al,
Makes sense to me – greedy people and operations continue to do greedy things – HOWEVER, with that said, I still have physical silver and gold while the entire world is awashed in paper and promises. No promises, and no paper is still fine with me – and this paper ponzi scheme will end when there are no ‘tricks of the trade” or charlatans left – They will have to reboot or hyperinflate – there is NO ALTERNATIVE…so we should hang on and watch this insanity play out.
Marc