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Sinking bonds, rising rates are the killers for central banks, Embry says

Section: Daily Dispatches

4:10p ET Tuesday, September 3, 2013

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that it will be easier for Western central banks to restrain the price of gold than the price of silver, since there doesn't seem to be as big an inventory of silver available for price suppression. Sinking bond prices and rising interest rates, Embry says, are the great vulnerability of central banks. An excerpt from his interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/3_Thi...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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