Today
John Embry spoke with King World News about the recent action in gold
and silver, and what will overcome the massive paper short positions in
the silver market. Here is what Embry, who is chief investment
strategist at Sprott Asset Management, had to say: “I was struck by a
comment from Tim Geithner that the US is going to be fazing out pennies
and nickels in early 2013. The reason he gave was that it costs a great
deal more to make them than they are technically worth.”John Embry continues:
Continue Reading at KingWorldNews.com…
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