Gold is overcoming the central banks, Embry tells King World News

Section:

12:15p ET Monday, August 12, 2013

Dear Friend of GATA and Gold:

Central banks have thrown everything they can at gold and silver but seem to be failing to keep the price down any more, Sprott Asset Management's John Embry tells King World News today. Embry says "tapering" of central bank bond buying is impossible because it would explode the interest-rate derivatives in the world banking system. He expects a substantial upward revaluation of gold. An excerpt from his interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/12_Wo...

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



ADVERTISEMENT

Jim Sinclair plans Westchester County seminar Aug. 20

Mining entrepreneur and gold advocate Jim Sinclair plans a gold investing seminar from 1 to 5 p.m. on Tuesday, August 20, in Tarrytown in Westchester County, New York. For information on attending, please visit his Internet site, JSMineSet.com, here:

http://www.jsmineset.com/2013/07/23/new-york-qa-session-announced/



Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16