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Peter Schiff & Bill Murphy on Gold’s Real Value (Video)

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On his radio show this morning, Peter Schiff interviewed Bill Murphy of the Gold Anti-Trust Action Committee. Peter and Bill discussed the possible price suppression of gold and the bullish fundamentals of the yellow metal.

[youtube http://www.youtube.com/watch?v=CBnBg_AD1hQ?rel=0&w=640&h=360]

What’s even more amazing is that the price of gold is not reacting, not only to the inflation that has already taken place, but all the inflation that we know is baked into the cake. Because we have all these governments with massive amounts of debt, [and] no prayer of ever repaying it. So there’s massive debt monetization and inflation on the horizon. That should be factored into the price of gold right now.”

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