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Embry - Expect Shortages Of Gold As Soon As Next Month

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Embry - Expect Shortages Of Gold As Soon As Next Month

Post by Dirtbikepilot on Mon Jul 23, 2012 11:26 pm

Today John Embry stunned King World News when he warned, “We are moving toward a fundamental shortage of gold, and I believe it may start as soon as next month.” Embry also cautioned, “The problem now is that the global economy is contracting at a time when the debt levels are catastrophically high.”



Embry,who is Chief Investment Strategist of the $10 billion strong Sprott
Asset Management, also discussed Europe, but first, here is what Embry
had to say about the drought and inflation: “I
am very concerned about this drought that is happening, particularly in
the United States. You look at a weather map in the Midwestern United
States, the temperatures are just staggeringly hot and there’s no
moisture.”
FULL REPORT HERE
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Dirtbikepilot

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