Al's Insights – Thu 12 Apr, 2012

Great comments from “Murph” Bill Murphy that is!

Click download link to listen on this device: Download Show

Al KorelinBill Murphy

  1. On April 12, 2012 at 1:45 pm,
    Andy says:

    great comments from the ‘Murph” we all know the momentum of AU+AG thanxs Big Al and “Crazy Bill”

    • On April 12, 2012 at 2:12 pm,
      Big Al says:

      Maybe not so crazy Andy!

      Big Al

  2. On April 12, 2012 at 2:04 pm,
    D. Brophy says:

    Great news about the bull market is moving up and will hope to go to new highs. Just been looking at my gold in the tank, the film of beautiful nice looking 22K gold. Its getting ready for a harvest, then off to the secondary refiners.

    • On April 12, 2012 at 2:13 pm,
      Big Al says:

      Not news, Denis, but a prediction.


      Big Al

  3. On April 12, 2012 at 2:49 pm,
    Dai Uy says:

    Some think that we should actually thank the Cartels for keeping PM’s at an artificially low price as it eventually will bring more buyers in the loop………………………..and then, Katie bar the door…………………………….My Christian kindness however has not yet reached that level of appreciation……………………

  4. On April 12, 2012 at 4:25 pm,
    Dai Uy says:


    BTW: Quite by accident, I ran into David Morgan at a local gun show last Saturday.
    I think he was trying to be incognito but nonetheless I buttonholed him into a brief but interesting discussion about his theory that every ounce of PM’s investors take out of circulation lessens the opportunity for the cartels to keep the price down. He mentioned how AG prices went up immediately after Sprott’s major purchases last Fall and earlier this year. We also discussed his interview done that same morning on your show. Sometimes I guess, Prophets are not recognized in their own

    • On April 12, 2012 at 5:32 pm,
      Clay says:

      So many things are going on right now and mostly negative, that it is difficult to pick out any one thing that is moving markets. The European Union is sinking even while the band is playing and the elite are dancing. People that are more aware of what is going on worldwide, are really starting to worry about how to protect their assets and asses especially when they see their Captain in the White House make a fool of himself and his crew.

      Richard Russell has always been aware of whats going on, and he is even more worried than his normal worried self. David Morgan is a smart guy and I wondered why he was showing all that Silver, gold and platinum on his web site just recently. Perhaps he is worried about the breakdown coming.,_Chaos,_Collapse_%26_Skyrocketing_Gold.html

      Al is worried, I am worried, who is not? Perhaps enough people are finally getting to the point, where they are seriously worried and better start doing those things they put off for way to long.

      • On April 12, 2012 at 6:39 pm,
        Big Al says:

        Evening Clay,

        Yes, I am worried and getting more so by the day!

        Big Al

        • On April 12, 2012 at 7:24 pm,
          Clay says:

          Al: I ask myself everyday this simple question. Are we worried because we don’t know whats going to happen, or are we worried because of what we fear more likely to happen appears more probable everyday? I do not think people should be fatalistic, but neither should they ignore something getting more serious every day.

          We hear and read lots of people talking about getting prepared for something terrible, and I think it only wise to pay attention and take appropriate preparations just in case. Having a gun is a must, especially if you don’t have a hired gun with you at all times.

    • On April 12, 2012 at 6:38 pm,
      Big Al says:

      Dai Uy, ain’t that the truth!

      Interesting that you ran into him at a gun show. I don’t own a gun, but am seriously thinking about getting one.

      Big Al

      • On April 12, 2012 at 8:18 pm,
        Dai Uy says:


        Guess we now all know whose house to hit……………If you do decide to get one, please take some lessons lest you shoot yourself……………

  5. On April 12, 2012 at 6:11 pm,
    Mark Alan says:

    NOW THIS IS VERY INTERESTING! It’s that time again!

    • On April 12, 2012 at 6:40 pm,
      Big Al says:

      Evening Mark A,

      Thanks for the link,

      Big Al

    • On April 12, 2012 at 7:24 pm,
      Marc says:

      Yes, very interesting!

  6. On April 12, 2012 at 6:37 pm,
    Barry says:

    Thanks Murph for your efforts. What tough task you have taken on. David….I mean Murph vs Goliath.

    • On April 12, 2012 at 6:40 pm,
      Big Al says:

      Barry, yep it really is Murph and Chris vs. Goliath!

      Big Al

  7. On April 12, 2012 at 7:41 pm,
    Clay says:

    This is a good article, one of the many good ones this week.

    “The question for the precious metals bears and skeptics is this: if gold and silver prices can go on a 10+ year bull-run while ignorant Western investors have under-owned this asset class to the greatest degree in history, what happens when all of the “stupid money” of the West belatedly rebalances their holdings?”

    • On April 12, 2012 at 8:49 pm,
      Marc says:

      That, my friend, is THE question – isnt it!

  8. On April 12, 2012 at 8:19 pm,
    Rob says:

    From Eric McWinnie:

    “The Chinese demand for gold still remains strong. According to GoldCore, China imported 40,000 kilos of gold bullion from Hong Kong in February, compared to only 3,115 kilos in the same month a year earlier. GoldCore explains, “Shipments were 72,617 kilograms in the first two months, compared with 10,564 kilograms a year ago or nearly a seven fold increase from the record levels seen last year.”

    Thx Al, great site.

  9. On April 13, 2012 at 12:12 am,
    Ulf says:

    Good stuff!

  10. On April 13, 2012 at 12:16 am,
    Ulf says:

    But one thing I wonder, many of us belive that the system is crashing and that gold is the safest bet then. However, gold SHARES…will they not be crushed too if it turns ugly?
    I am confused over this issue, folks say gold is the safe bet, but does that include gold shares too? Any thoughts?
    Regards from Sweden

    • On April 13, 2012 at 7:52 am,
      Mark Alan says:

      Good Day Ulf!

      First of all, Welcome to our family here. Oh yes, it will effect the gold shares too, but the gold shares would probably recover much faster and go higher. I keep plenty of powder dry just for that occasion when the market decides to rollover.

      • On April 13, 2012 at 11:29 pm,
        Ulf says:

        Thank you, Mark. very kind of you.
        I hjave been following Al korelin and Jay Taylor a couple of years now. i got burned i 2008, but I still listen to the guys. I am scared stiff of losiing it all again, so I try o educate me and listen to wise people when I find them. Hopefully, the manipulation of gld and silver will come to an end one day and we could earn a good deal of wealth. My personal belief is that not much will happen before the US election, but once it is settled a lot of things will happen to markets across the globe. More QE and European defaults in the coming years. I am of course hapy to be wrong. Best of luck to you and the rest of the people here!

  11. On April 13, 2012 at 8:02 am,
    Brad says:

    Good article in the economist about China’s current and planned military spending. They are 30+ years away from parity. Hmm, all that gold cost averaging at these levels won’t hurt them to pay for it either…

  12. On April 13, 2012 at 8:16 am,
    roger wiegand says:

    Roger: As pressures continue to build in Europe, Asia and America, while paper trades are temporarily flat, those in the know continue buy physical gold and silver coins and daily needs stuff and daily needs stuff to trade. I think the worst would be a temporary bank holiday. Those living on plastic instead of real cash are then in really big trouble-no groceries, fuel or whatever for 1-4 weeks? For those wanting to learn more visit the Resource Consultants Wealth Conference April 27-28 in Tempe, AZ. at the Embassy Suites Hotel. .. Resource Consultants, Inc presents WEALTH PROTECTION 2012 ~ WAKE UP AMERICA! 800-494-4149 of 480-820-5877. This is local and really easy for those living in Phoenix. I am teaching a trading class just before this conference at the same location: “Let’s Trade” Call Linda at 800-494-4149 for details Traderrog

    for more information, to register or to pre-order CD’s of the conference CALL NOW!

    800-494-4149 or 480-820-5877

  13. On April 13, 2012 at 9:59 am,
    Dennis M. O'Neil says:

    I am having fun with my “I live on Planet GATA…What planet do you live on?” shirt vacationing on Ana Maria Island. It is fun when some asks or googles GATA. It is really fun when they try do defend the undefendable.