Embry explains central bank intervention; Boyd thinks gold's bottom is in


4:39p ET Monday, September 26, 2011

Dear Friend of GATA and Gold (and Silver):

The smashing of gold and silver by central banks is only proportionate to the problems faced by central banks as the world financial system totters, Sprott Asset Management Chief Investment Strategist John Embry tells King World News today. An excerpt from the interview has been posted at the King World News blog here:


Meanwhile at King World News, Agnico-Eagle Mines CEO Sean Boyd remarks calmly that the problems of the world financial system have not been diminished and governments will address them with more money creation, and so he suspects that the bottom for the monetary metals has been reached. A summary of the interview with Boyd has been posted at the King World News blog here:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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