50-year Veteran Says the Future is Frightening but Fortunes Will Be Made

from King World News

With the war in the gold and silver markets continuing to rage, today a 50-year veteran told King World News that the future is frightening but fortunes will be made.

John Embry: “Eric, as far as I can see the markets in North America remain in lockdown. With interest rates on the U.S. 10-Year declining noticeably recently, I find it bizarre that the overpriced stock market continues to essentially levitate…

[…] John Embry continues: “What has been defined as ‘smart money’ in one survey has been a constant seller for a good portion of the year and the public in general has largely given up the ghost in the market. Thus, the Fed and its allies must be working overtime to keep things afloat.

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