Embry expects bailouts because 'bail ins' will collapse the financial system

Section:

1:40p ET Tuesday, August 5, 2014

Dear Friend of GATA and Gold:

Debt and unfunded liabilities are crushing national economies and being wrapped in lies by government, Sprott Asset Management's John Embry tells King World News today. Embry expects everything to be bailed out because "bail ins" probably will prompt the financial system's collapse. An excerpt from his interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/5_Emb...

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



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