The Man Who Sued the Federal Reserve Bill Murphy & Silver Investor David Morgan @ The Money Show in Las Vegas
These are two very interesting videos featuring some of the market leaders in gold and silver analysis. David Morgan can be found online focusing on precious metals, especially silver. Bill Murphy has sued the Federal Reserve. It doesn’t get much better than this for a Las Vegas MoneyShow crowd interested in commodities generally, and not particularly precious metals. The event was sponsored by Liberty Coin & Precious Metals.
Silver had a good day and is now, once again, green on the year. Before the end of April, silver was the best performing asset year-to-date. Gold, also, has had one of its biggest up-days. Interestingly, though gold climbs steady like hair grows on a head, when it gets a haircut, man – it really gets buzzed. Quick falls and steady climbs is the norm for gold, but today something different was afoot: 2.2% greener for gold. As one Youtuber said “Morgan & Murphy = #NWO Ponzi Slayers.”
Among other things, David Morgan discusses that the amount of silver bullion available today is one half of what it was in 1990: one billion ounces. The supply of gold in bar form is over two billion ounces and this supply has increased over the last eleven years. There is half the amount of invest-able silver in the world today than gold.
Bill Murphy talked about how, in precious metals markets, white is black and black is white. When there are events extremely bullish for gold, gold drops some of the largest amounts. This is a goose and a chicken to steer people from precious metals. Murphy, who wrote today that gold had one of its biggest single day percentage increases on Thursday (2.2%)
Bill Murphy sued the Federal Reserve. The private bank had to pay $3,000 because they withheld information. He said it is no coincidence that JP Morgan, the biggest silver short, is also the trustee for SLV and HSBC, the biggest gold short, is the trustee for GLD.