John Embry: Rescue will send gold to surreal price level
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Submitted by
cpowell on 08:58PM ET Friday, October 17, 2008. Section:
Daily
Dispatches 11:53p ET Friday, October 17, 2008
Dear Friend of GATA and Gold:
In his latest essay for Investor's Digest of Canada, Sprott Asset
Management's chief investment strategist, John Embry, remarks that it is
becoming socially acceptable among people in the financial establish to
acknowledge that governments might be tampering with the gold and silver
markets. Embry adds that the U.S. government in particular will not shrink from
any degree of currency debasement to rescue the financial system, and that this
will be the vindication of the precious metals. Embry's commentary is headlined
"Rescue Will Send Gold to Surreal Price Level" and you can find it at the Sprott
site here:
http://www.sprott.com/pdf/investorsdigest/digest.pdfCHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Silver is king, Go Gold !
G.Sandro Forum Argent Or
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