GoldSeek Weekly Radio: Gerald Celente and Bill Murphy

Jon Economy

Bill Murphy of GATA.org returns with key insights on the PMs market. The world’s largest gold producing / consuming nation, China just announced a 10% decrease in production and a 10% increase in consumption. Our guest suggests a gold price target of $3,000-$5,000 to compensate for underlying real inflation levels. Bill Murphy sees signs that indicate price suppression schemes are failing – the PMs could begin the next leg of an epic ascent. Key takeaway: the cartel is losing control, it may be merely a matter of time before the physical gold market overcomes the paper gold schemes as early as Fall of 2017.

This post was published at GoldSeek on 13 August 2017.