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Interest-rate derivatives explosion may be imminent, Embry tells KWN
2:28p ET Tuesday, August 20, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry today tells King World News that President Obama's meeting today with officials of major U.S. government financial regulatory agencies well may involve the danger of an explosion of interest-rate derivatives as the government loses control of the bond market. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/20_We...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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