JP Morgan’s silver short position about to blow up pushing prices to $80-90 warns Bill Murphy

Posted on 14 September 2012 with no comments from readers

One of the great experts of the precious metals market, Bill Murphy, chairman of GATA, alleges massive manipulation and price suppression in the silver market and according to his sources this huge short position is about to blow up in the face of investment bank JP Morgan.

In this interview with Russia Today in Washington Mr. Murphy explains why he is so convinced that gold and silver are false markets and devotes so much of his life to correcting this wrong. If he is right about the JP Morgan short position then much higher silver prices cannnot be far away…