TFMR Podcast #3 - Bill Murphy
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As you know, my plan is to release podcasts on a bi-weekly basis. The next scheduled interview will be posted on Saturday, the 8th. However, this afternoon I had the opportunity to visit with Bill Murphy, the chairman of the Gold Anti-Trust Action Committee, commonly referred to by the acronym GATA. Obviously, it would be silly to make you wait until next Saturday to hear it.
Given the extraordinary events of the past week, I could not have asked for a better time to visit with Bill. I must ask, though, that youthoroughly read the previous post, "Crime Scene Evidence", before you listen to the podcast. To gain full value from listening, you must place current events in the proper context.
Bill and co-founder Chris Powell have done extraordinary work on our behalf for over 10 years. They need our support. When you have time, please visit their site. It is brimming with information that will help you through the turbulent times ahead. Before leaving the site, I strongly encourage you to make a donation to help them in their efforts. Every penny you provide will help GATA continue the fight against the evil C/C/C.
You should also visit Bill's subscription site and even consider joining.
OK, onto the discussion. Like the previous podcasts, you can access it by clicking the link below. It's about 25 minutes long and well worth your time. Enjoy. Think. Learn. Prepare. TF
p.s. The current manipulation continues tonight. Prices will undoubtedly continue to be pushed lower until our Buyer(s) of Size step forward to stem the tide. That said, I still do not expect considerable buying to emerge until silver falls toward $24 and gold falls toward $1500. Be patient and, more importantly, do not panic. Lastly, I will be out again all day Thursday so consider these two "sticky" threads to be your open threads until this time tomorrow.
Bill Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receiving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, www.lemetropolecafe.com.
Bill is also the Chairman of the Gold Anti-Trust Action Committee (GATA). The Gold Anti-Trust Action Committee was organized in the fall of 1998 to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments. The committee arose from Bill's efforts and by those of Chris Powell, a newspaper editor in Connecticut. You can find more information by visiting www.gata.org