from King World News
With
continued volatility in global markets and oil still trading well above
$100 level, today John Embry warned King World News about what will
destroy the financial system as we know it. Embry also spoke at length
about the the gold and silver markets. Below is what Embry had to say
in this powerful interview.
Embry: “We are finally putting in place a bottom in gold and silver.
This process has been really ugly, and it’s gone beyond any rational
action in terms of price. People are finally beginning to acknowledge
that the gold and silver miners, particularly pure silver miners, are
operating way below their cost level.
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