Only fall of euro and yen make dollar look strong, Embry says


12:50p ET Wednesday, January 7, 2015

Dear Friend of GATA and Gold:

The U.S. dollar looks strong lately only because the euro and yen have been declining sharply, Sprott Asset Management's John Embry tells King World News today.

"The U.S. economy is nowhere near as strong as the government’s falsified macro-numbers and the extremely bogus jobs numbers would suggest," Embry says. "In fact, numerous macro-numbers and anecdotal evidence suggest that the United States may be lapsing into recession, despite the massive doses of liquidity that have been injected into the system."

An excerpt from the interview is posted at the KWN blog here:

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

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