Capital Account Season 1 Episode 68 GATA's Bill Murphy On the JP Morgan Silver Shortage and the Next Bullion Bank Run!

GATA's Bill Murphy is back on Capital Account in season 1 episode 68 to discuss the ongoing silver shortage and what it means for the bullion bank industry. Murphy, the Chairman of the Gold Anti-Trust Action Committee (GATA), provides insights into the manipulation of the silver market by JP Morgan and other large financial institutions.

As a longtime advocate for the precious metals industry, Murphy delves into the history of market manipulation and how it has affected the price of silver. He explains how large banks, such as JP Morgan, profit from shorting silver and why it is risky for them to continue to do so.

Murphy also talks about the physical silver shortage that is currently affecting the industry. He provides evidence that there is not enough physical silver to cover the amount of paper silver that has been sold, leading to concerns about a future bullion bank run.

Throughout the episode, Murphy stresses the importance of transparency and regulation in the precious metals market. He discusses how a lack of regulation has allowed large banks to manipulate the market and profit off of the unbacked issuance of paper silver.

The episode also features other experts in the precious metals industry, including David Morgan, who provides additional insights into the silver market and what individuals can do to protect themselves.

Overall, season 1 episode 68 of Capital Account is an informative and eye-opening discussion about the silver market and the ongoing concerns about manipulation and shortages. Murphy and other experts provide valuable insights into the history and current state of the market and what individuals can do to protect their investments.