Bill Murphy: The Cartel Is Getting Desperate, Silver Scandal Will Blow Up in August

July 26, 2012 By 9 Comments

In this excellent interview, GATA’s Bill Murphy tells AltInvestors that the cartel is now getting desperate to extricate themselves from their naked short gold and silver positions.

Murphy states that things are absolutely terrible in the US & Europe and that the cartel have pounded down gold and silver ahead of massive imminent global easing.

Murphy also states that the CFTC may be getting ready to find JP Morgan guilty of silver manipulation, and that the silver manipulation scandal will blow up in August!

Full interview below:


Check out these similar articles:

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  3. GATA’s Bill Murphy exposes how the Gold Cartel is Bombing the Market for Precious Metals
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  5. Bill Murphy: JPM Stopped Manipulating Silver From January-June of 2011
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Comments

  1. Avatar of knightslk knightslk says:
    July 26, 2012 at 10:05 PM

    Excellent just sent more funding to help get the truth out. :)

  2. Avatar of Da yooper Da yooper says:
    July 26, 2012 at 11:44 PM

    OOOOOOOO – K

    CFTC find JPM guilty

    what penility are you going to impose on them that will make a difference in what they are doing ????

    Will it be enough to make them stop manipulating the metals & BTW it has taken 4 freaken years for you to decide anything

    I really dont see it being in our ………..FAVOR

    IOW

    I dont trust ………..YOU TO DO THE ……….RIGHT THING

  3. Avatar of NetRanger808 NetRanger808 says:
    July 27, 2012 at 12:28 AM

    Seeing is believing!!! We will have to wait until August arrives!

  4. Avatar of BEN BANANA BEN BANANA says:
    July 27, 2012 at 1:53 AM

    Yeh JPM quilty and a find of $1000.
    If I stole $1,000,000 and get a find of $1, will I do it again?
     FED and CFTC are real manipulators.

  5. Avatar of PatFields PatFields says:
    July 27, 2012 at 6:27 AM

    When I see silver (and to something of a lesser extent, gold) getting smashed down … every single morning … at the London opening, I have VERY SERIOUS DOUBTS that the manipulators are concerned about the phony government ’regulators’ feigned threats. ‘Actions speak louder than words.’ The FACT is that despite bullion supply fundamentals completely disjoint from the paper casino hall (by a factor of 100 to one!), the suppression continues unabated. This whole ‘crack-down’ thing is ‘crack’ allright, but not the kind that stings the back … rather, the kind that numbs the senses.

  6. Avatar of silverdog silverdog says:
    July 27, 2012 at 7:41 AM

    Fines won’t do anything.

    The whole thing has to blow up.
    Then we start over…I guess
  7. Avatar of Burghday Burghday says:
    July 27, 2012 at 8:05 AM

    Maybe when it gets out of control they can save -face and start doing the right things again

  8. Avatar of reddy reddy says:
    July 27, 2012 at 1:25 PM

    I’m thinking that Bill Murphy is a brilliant guy and he is making the call now, so I’m thinking buy.

  9. Avatar of Rocky01 Rocky01 says:
    July 27, 2012 at 2:20 PM

    I don’t expect much, The lies will keep on coming, until there is nothing left. How I hope things change, seeing the animals being brought to judgement will be the answer to many prayers. If silver goes nuts . Possibly a step in the right direction.

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