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Embry: Today's manipulations will prove to be bigger blunder than London Gold Pool

Section: Daily Dispatches

4:04p ET Friday, September 13, 2012

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry couldn't be more bullish about the monetary metals and their miners -- nor more aggravated about the continuing manipulation of all markets by central banks.

"All the manipulation is doing," Embry tells King World News today, "is creating wonderful buying opportunities for the Chinese, the Russians, and the rest of the central banks that know full well what's going on. In the fullness of time, this group of manipulators will be seen to have eclipsed the blunders and the folly of the original London Gold Pool."

For a good report on the original London Gold Pool, visit Wikipedia here:

http://en.wikipedia.org/wiki/London_Gold_Pool

For a good report on the current London Gold Pool, see GATA board member Adrian Douglas' 2010 study here:

http://www.gata.org/node/8918

An excerpt from the latest King World News interview with Embry is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/9/14_Em...

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



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New Orleans Investment Conference
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