30 April 2012 – GATA’s Bill Murphy is interviewed on Capital Account.

  • Gold is unique as an asset class that is over 12 years on bull run.
  • Gold Cartel consists of Bullion Banks(HSBC, JPMorgan), the Treasury FED, BIS.
  • Cartel trying to slow down the asscent of gold (managed retreat).
  • Gold will eventually have to trade freely.
  • Gold is a barometer of financial health and this is the reason why its attacked.
  • Evidence has been gathered of manipulation since 1999.
  • The attacks are at certain times of day. (e.g. 3am New York time), attacks even when there is no news.
  • Central Banks are loading up on gold on the dips because they know how the Gold Cartel works.
  • Russia and China are very interested in how the Gold Cartel works and have approached GATA.
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