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Most price discovery is now completely false, Embry tells KWN
1:52p ET Monday, June 16, 2014
Dear Friend of GATA and Gold:
With central bank purchases now apparently dominating the equity markets as well as the bond markets, Sprott Asset Management's John Embry tells King World News today that most price discovery is completely false. Things will change, Embry says, when Western central banks run out of gold for price suppression of that competitive currency. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/16_Th...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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