Excerpts From a recent John Embry interview:
“The reason the government sponsors the shorting is to keep the shares down because they know they are going to have to print so much money and they have to keep up appearances…
They have to maintain this myth that there is no inflation and gold and silver are not signaling anything bad on that front. (or copper or oil or ….any hard commodity such as even Titanium)
… you have cheap mining shares, massive short positions, the sector is under-owned in a huge way and the sector is extremely small compared to all the other financial assets out there.
It’s all going to come together in a perfect confluence of events with a huge flow of capital. That’s what will drive the prices of the mining shares to levels that investors today would find unimaginable.”
Full Interview:
King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management…
