All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Tuesday, September 29, 2009

Bill Murphy and Chris Powell on King World News

Each week we will have one of four distinguished members from GATA to update KWN listeners on what is happening in the world of gold as well as what is happening with the GATA movement. The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. The committee arose from essays by Bill Murphy, a financial commentator, and by Chris Powell, a newspaper editor in Connecticut, published at Murphy's Internet site, lemetropolecafe.com. This week we have a special edition of Gold Brief with GATA Bill Murphy and Chris Powell from GATA have big news for the gold community, so enjoy the interview.

Bio - Bill Murphy, chairman and director.
Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms and specialized in commodity futures. He began as a Merrill Lynch trainee and went on to Shearson Hayden Stone and Drexel Burnham. From there he became affiliated with introducing brokers and eventually started his own brokerage on 5th Avenue in New York. He now operates an Internet site for financial commentary, lemetropolecafe.com

Bio - Chris Powell, secretary/treasurer and director.
Powell has been managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, since 1974. He writes a column about Connecticut issues that is published in a dozen other newspapers in the state and Rhode Island and often appears on radio and television public-affairs programs in Connecticut.

He twice has been elected chairman of the Connecticut Associated Press Managing Editors Association and remains a member of its board of directors. He is legislative chairman of the Connecticut Council on Freedom of Information.

He is a member of the Connecticut, Manchester, and Vernon historical societies; the Connecticut Policy and Economic Council; Community Partners in Action (formerly the Connecticut Prison Association); and the New York, New Haven, and Hartford Railroad Technical and Historical Association.



Tags:
gata gold silver Chris Powell Bill Murphy swap manipulation fed federal reserve market currency paper money sound ron paul rand david tice austrian economics

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