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truthbesold1
1/22/2013 11:29:29 PM | No Recommendation | 434 reads  | Post #32061096
 

EMBRY:Gold Super-Spike To Be Dwarfed By The Mania In Silver

 

Today John Embry told King World News the coming Super-Spike in gold will be dwarfed by the mania in silver.  Here is what Embry, who is chief investment strategist at Sprott Asset Management, had to say:  “Well, I’m focused on the inevitable rise in the gold and silver prices.  It’s obvious when you watch the trading that gold and silver are being aggressively restrained here.  This leads me to believe the central planners have some problems here and they don’t want the gold and silver prices to expose that.”

 

“What really terrifies the central planners is if gold and silver were to truly reflect what is really going on in the financial system, interest rates would rise significantly.  When this happens the debt load will be utterly unsustainable.  That’s their greatest fear.

 

I’m watching with great interest to see how long they are going to be successful at holding back the tide....

 

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/22_Embry__Gold_Super-Spike_To_Be_Dwarfed_By_The_Mania_In_Silver.html

 
 
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Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...