from King World News:
With gold trading above $1,700 and silver over $32, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management to get his take on where he sees gold, silver and the mining shares headed. When asked if there was any chance for the central planners to save the system, Embry said, “Zero. I’m a huge believer in Austrian economics, so you have to know where I’m coming from. Ludwig von Mises, the found of Austrian economics, said it best, when you have an excessive credit cycle you only have two choices.”
John Embry continues: Read More @ KingWorldNews.com
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