Thursday, February 16, 2012

John Embry: Is Greece’s Situation Bad for Gold?

from King World News:

With gold and silver continuing to consolidate, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management. Embry told KWN that we have seen “peak gold.” He also filled us in on what the Greek situation really means for gold: “Gold is in a bit of a stranglehold here and has been since almost the beginning of February. It sort of coincides with this whole Greek saga where they seem to have a solution every morning and by the end of the day somebody points out another flaw. I think this is extremely bullish for gold.”

John Embry continues: Read More @ KingWorldNews.com

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