Disastrous End Game & Mega-Bubbles- John Embry
King World News
With continued uncertainty around the globe, today a man who has been involved in the financial markets for 50 years, and whose business partner is billionaire Eric Sprott, spoke with King World News about mega-bubbles and the disastrous end game for the United States. John Embry also discussed what this means for investors around the world in his powerful KWN interview.
Embry: “I sense a change in the tone of the gold market. A lot of evidence is coming out about how tight the physical market is and how great the fundamentals are. I thought the chart that Robert Fitzwilson featured in hisKWN piece over the weekend was very indicative of the true fundamentals….
“Money is being debased like crazy, and the previous two times that ratio peaked, it led to massive gains in the price of gold. But this one is way more extended, which suggests that the gain will be even more dramatic this time. We are not debating what the outcome is going to be, to me that’s a given. What we are debating is the timing of the outcome, and that’s been driving anybody who understands this whole situation nuts.
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