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Embry comments to King World News about today's intervention against gold
2p ET Thursday, December 8, 2011
Dear Friend of GATA and Gold (and Silver):
King World News just got an interview with Sprott Asset Management's John Embry about today's central bank intervention against gold. Embry takes it a little more calmly than some of us do, remarking:
"That's just the nature of the gold market right now, but in the fullness of time, it's just building a larger and larger base, which will carry it much higher when it goes, and it will most assuredly go." The market riggers "know it's going to go, because the only out they have is excessive money printing and so, consequently, they want gold to move from the lowest possible level."
An excerpt from Embry's interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/8_Em...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
The United States Once Again Can Establish
a Stable Dollar Worth Its Weight in Gold
Lewis E. Lehrman, chairman of the Lehrman Institute, sponsor of The Gold Standard Now project, has released a plan to restore economic growth through a stable dollar.
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