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« Neutral on Mining Shares? Sell Mexico, Buy Canada | Main | Bloated Fed Balance Sheet Propelling Market Rally »
Monday
Oct282013

Historic End Game - “A Collapse To End All Collapses”

John Embry

With the world continuing to face great uncertainty, today a man who has been involved in the financial markets for 50 years, and whose business partner is billionaire Eric Sprott, told King World News that “we are now in a historic end game.”  He also spoke warned about the West experiencing “a collapse to end all collapses,” and also discussed what this all means for key markets such as gold and silver.  Below is what John Embry had to say in this powerful interview.

Embry:  The West is headed into a historic collapse, and we have all of this misinformation in the mainstream media which is designed to fool people.  We are in the middle of the biggest financial bubble in the history of mankind.  The Fed and the Bank of Japan are combining for over $150 billion of QE each month.  Mario Draghi, head of the ECB has already come out and said they will backstop all European debt....

 

To continue reading the John Embry interview please click here

In September 2011 the Gold Bugs index, the HUI stood at 630 as gold prices peaked, since then both have trended lower with the HUI losing about 65% of its value. The bottom has been called a number of times and after such a dramatic decline its difficult not to think that we are there now. However, as we all know the timing of any investment is crucial to its success and that is exactly what we are trying to do here, trying to pick advantageous entry and exit points. If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

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