Gold & Silver: A Homerun Investment -- GATA -- MMIC13 San Francisco



Continuing Kitco News' coverage of the San Francisco Metals & Minerals Conference, Daniela Cambone speaks with Bill Murphy of GATA to talk about gold, silver and QE. "Tapering, while it may move the market short term, is actually negative for gold," Murphy says. "That's what the gold cartel has done to achieve its objectives; they have crashed gold and silver." Murphy says that the physical markets will eventually overpower the "gold cartel's" ability to depress prices and he says there may even be a "black swan" event where there will be a sudden rush into gold and silver again. "I'd certainly put a substantial amount of money in gold & silver," he says. "I'd rather be safe than sorry and if you've got some patience, [these metals] are going to be absolute mega homeruns." Tune in now to hear more from GATA's Bill Murphy as he sports his new look! Kitco News, November 29, 2013. Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews

Comments

  1. #Gold & #Silver: A Home Run Investment — GATA (Gold Anti-Trust Action Committee) at #MMIC13 San Francisco ▸ http://youtu.be/nm9_hn2fKPY
  2. Bill Murphy should go on the Peter Schiff show as a guest, and Peter should call him out on the gold manipulation.
  3. Bill Murphy is right, but people are too impatient and greedy to listen.
    The Fed can't print forever.
  4. I would have to line my bowler hat with tin-foil...  Not aluminum foil, mind you.  That doesn't work.  Needs to be real tin.
  5. Looks like Bill Murphy needs a haircut, shower and shave after too much partying. 
    Keep stackin'! 


Additional Information:

Visibility: 3659

Duration: 3m 32s

Rating: 33