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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 366.51+1.2%Nov 5 4:00 PM EST

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From: Leon Robinson5/21/2012 5:53:39 PM
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An interview with GATA's Bill Murphy

Gold Lives!
An Interview With GATA's Bill Murphy
By Kevin Michael Grace
ResourceClips.com
May 21, 2012

Q: What do you make of the recent gyrations in the gold price?



A: It’s fascinating because as of [Wednesday], the entire investment world had said that gold was no longer a safe haven, Dennis Gartman and everyone else. It’s ludicrous. The price of gold was orchestrated down, first after February 29, and then about two-and-a-half weeks ago when the insiders knew what the problem was at JPMorgan. Then they got everyone and their mother to sell and short, and everyone was giving up the ship. And Thursday was one of the most stunning days I’ve ever seen; it was up 3% at one point. Everyone was just stunned, the stock market was in the tank; the dollar was higher; other markets were lower. Something dramatically changed or kicked in...
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