Thursday, 16 June 2011

Embry - System Wide Melt Down as US to Enter Hyperinflation

'With continued volatility in gold and silver, today King World News interviewed John Embry, Chief Investment Strategist of the now $9 billion strong Sprott Asset Management. When asked about the US debt situation Embry replied, “They’ve got this market in a lockdown because they don’t have any answers to anything.

So they’re just kicking the can down the road, but we’re getting close to when the can is going to hit the wall, then we’re going to have some action and I suspect that’s going to happen in the next two months.'

Read more: Embry - System Wide Melt Down as US to Enter Hyperinflation