A2A with Bill Murphy of GATA
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What an opportune time for an A2A webinar with our old friend, Bill Murphy of GATA. Lots of great discussion today about the current state of the metals "markets" so please make some time to give this audio a listen.
Many thanks to Bill for the generous donation of his time today. Among the topics discussed in this webinar:
- The latest CoT wash and rinse cycle on The Comex.
- Are we seeing a capitulation of sentiment in the precious metals sector?
- Is there any limit to the manipulation and will The Cartel ever break?
- Will the civil litigation in silver have any price impact?
- Bill's 40-yd dash time back when he was a WR with the Boston Patriots.
- And a whole bunch of stuff in between.
Again, please carve out some time to give this a thorough listen. You'll be glad you did.
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