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Everything inflates wildly except monetary metals, Embry notes at KWN
7:40p ET Wednesday, May 24, 2017
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, notes the seemingly absurd contrast between exploding prices for assets like trendy artwork and crypto-currencies, on one hand, and, on the other, the ever-suppressed monetary metals. With most economic sectors extremely over-indebted, Embry says, interest rates may have to stay low indefinitely and hyperinflation seems inevitable. His comments are posted at KWN here:
http://kingworldnews.com/john-embry-there-will-be-a-catastrophic-outcome/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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