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


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:

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


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,, here:

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