Embry, Leeb share monetary metals optimism with King World News
July 31, 2012 by goldguru · Leave a Comment
GATA
9:15p ET Monday, July 30, 2012
Dear Friend of GATA and Gold:
Sprott Asset Management’s John Embry tells King World News today that “interference” with the gold market is blatant and, not surprisingly, gold market sentiment is just about at its worst ever. But he expects events to overpower the market manipulation in August. An excerpt from his interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/7/30_Em…
Also at King World News, fund manager Stephen Leeb says that “a world where you can’t earn any interest on your money” soon will send “an ocean of paper money moving into the gold and silver markets.” Of course if the paper money moves only into paper gold and silver, which is as easily created as paper money and which long has been arranged by Western central banks, gold and silver prices won’t be going anywhere. An excerpt from the Leeb interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/7/30_Go…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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