GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, January 5, 2012

Bill Murphy of GATA interviewed by Kerry Lutz --01-03-12

Bill Murphy of GATA explains why to understand the gold and silver markets it is fundamental to know what GATA knows and be familiar with the gold price suppression scheme. How outstanding gold loans and massive paper gold shorts have distorted the market and how this is now unravelling.Gold is finite, a limited amount exist today. When its all been bought up and the price per ounce is beyond what people are willing to pay for it, the price will drop dramaticly. Just like what happened to the Hunt brothers in the early 1980's with them trying to corner the silver market. They bought great amounts of silver trying to create a false rise in prices per oz. The silver market did the opposite of what was planned and the price per ounce crashed. They end up with nothing but silver.

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