William Murphy of GATA Explains HOW the 'Cartel' Suppresses the Price of Gold

peaceandlove · 05-31-2009, 07:49 PM

William Murphy of GATA Explains HOW the 'Cartel' Suppresses the Price of Gold

Today's Daily Bell
Issue 302 • Sunday, May 31, 2009

The editors of the Daily Bell are pleased to present this comprehensive and exclusive interview conducted by Scott Smith with William Murphy of the Gold Anti-Trust Action Committee.

Introduction: Bill Murphy grew up in Glen Ridge, New Jersey and graduated from the School of Hotel Administration at Cornell University in 1968. His senior year he broke all the single season Ivy League pass receiving records and was Honorable Mention on the All-America Football team. He went on to become the starting wide receiver for the Boston Patriots in 1968. Bill went on to a career in the futures industry as a commodities broker. Early on he worked for Shearson Hayden Stone and Drexel Burnham before starting up his own introducing brokerage on 5th Avenue in New York. In 1998 he opened up LeMetropoleCafe.com, a financial market website geared to the gold market. In January 1999 Bill became chairman of the Gold Anti-Trust Action Committee (GATA) to expose the manipulation of the gold price by The Gold Cartel.

Daily Bell: Thanks for spending some time with us.

Bill Murphy: Thanks for thinking of GATA.

Daily Bell: Some people would say you have done more to move the price of gold upward than the Federal Reserve - with all its blundering. How do you respond to that?

Bill Murphy: That certainly would not be the opinion in the mainstream gold world who have fought against GATA's efforts and discoveries from day one. The Federal Reserve is a dichotomy as to the price of gold. They have been instrumental in their efforts to suppress the price of gold in their role in The Gold Cartel. At the same time their "quantitative easing" could not be more gold friendly. For those who believe GATA has had a substantial impact on the gold price, we thank them.

Continues: http://www.thedailybell.com/index.asp?fl=

SOURCE: http://www.campaignforliberty.com/blog.php?view=19169

05-31-2009, 07:49 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	William Murphy of GATA Explains HOW the 'Cartel' Suppresses the Price of Gold William Murphy of GATA Explains HOW the 'Cartel' Suppresses the Price of Gold Today's Daily Bell Issue 302 • Sunday, May 31, 2009 The editors of the Daily Bell are pleased to present this comprehensive and exclusive interview conducted by Scott Smith with William Murphy of the Gold Anti-Trust Action Committee. Introduction: Bill Murphy grew up in Glen Ridge, New Jersey and graduated from the School of Hotel Administration at Cornell University in 1968. His senior year he broke all the single season Ivy League pass receiving records and was Honorable Mention on the All-America Football team. He went on to become the starting wide receiver for the Boston Patriots in 1968. Bill went on to a career in the futures industry as a commodities broker. Early on he worked for Shearson Hayden Stone and Drexel Burnham before starting up his own introducing brokerage on 5th Avenue in New York. In 1998 he opened up LeMetropoleCafe.com, a financial market website geared to the gold market. In January 1999 Bill became chairman of the Gold Anti-Trust Action Committee (GATA) to expose the manipulation of the gold price by The Gold Cartel. Daily Bell: Thanks for spending some time with us. Bill Murphy: Thanks for thinking of GATA. Daily Bell: Some people would say you have done more to move the price of gold upward than the Federal Reserve - with all its blundering. How do you respond to that? Bill Murphy: That certainly would not be the opinion in the mainstream gold world who have fought against GATA's efforts and discoveries from day one. The Federal Reserve is a dichotomy as to the price of gold. They have been instrumental in their efforts to suppress the price of gold in their role in The Gold Cartel. At the same time their "quantitative easing" could not be more gold friendly. For those who believe GATA has had a substantial impact on the gold price, we thank them. Continues: http://www.thedailybell.com/index.asp?fl= SOURCE: http://www.campaignforliberty.com/blog.php?view=19169