In the aftermath of the brutal takedown in gold and silver, “April 17th” John Embry spoke with King World News about why he believes the smash was orchestrated and what investors should be doing right now. Below is what Embry, who is chief investment strategist at Sprott Asset Management, had to say in part II of his interview:
Embry: “The last correction that was brutal in gold was explainable because that was the one in 2008 accompanying the global liquidity crisis that was wreaking havoc on the entire world. So at that time there were obvious reasons for the forced selling.
This time the smash and forced selling have just been totally manufactured. The intensity of this takedown and the size of the paper trades that were alluded by both Andrew Maguire and John Hathaway, in relation to the physical market, are just preposterous….
Continue reading the John Embry interview HERE
Switzerland To Buy A Stunning 1,000 Tons Of Physical Gold?
Today a legend in the business told King World News that Switzerland may be preparing to purchase a stunning 1,000 tons of physical gold. Keith Barron, who consults with major gold companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, spoke about this remarkable situation and what it means for investors. Below is what Barron had to say in part II of this exclusive interview.
Barron: “What we discussed earlier, the fact that ABN AMRO was refusing to give customers their gold back, is one of the primary things that has triggered this massive run on physical gold and silver….
Continue reading the Keith Barron interview HERE
Rick Rule Weighs In On The Gold & Silver Takedown
“Professional capitulation is a wonderful sign. That isn’t to say that we are ready to turn now, or we are ready to turn next week, but the set of circumstances that we have been talking about, which is the beginning of the end of the dark period, is what we are in right now.”
….read it all HERE