Bill Murphy of Lemetropole Cafe and GATA.org, outlines how the "gold cartel" manipulates price.
0.50 - Gold cartel market back at work?
2.00 - Sprott's John Embry suggests silver could be a ten bagger!
3.22 - Gold cartel may be running low on bullion to sell.
5.50 - Precious metals represent an enticing relative value compared to competing asset classes.
7.20 - Eventually, the stubbornly pro-stock/bond mutual fund auto investment plans will shift to risk-off, safe haven investments.
8.44 - If gold were trading freely, like Bitcoin, would the price soar like the crypto-sector?
11.12 - Plus's for PMs investors - selling near cost of production, massive monetary profligacy, irresponsible Fiscal Policies, overvalued P/E ratio, S&P 500.
12.22 - Many key precious metals mining companies offer solid dividends.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
