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'Chaotic fall' in dollar is likely, Embry tells King World News
9:20p ET Wednesday, August 17, 2016
Dear Friend of GATA and Gold:
Economic data in the United States doesn't match the spin being offered by the political authorities, Sprott Asset Management's John Embry tells King World News today. "At any sign of emerging weakness," Embry says, "they trot out some Fed official to talk about an imminent rate increase and then aggressively manipulate the currency and precious metals markets to give credence to the statement." He expects "a chaotic fall" for the dollar, which he considers "over-owned." An excerpt from the interview is posted at KWN here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
The Gold Mine Barrick Might Regret Having Sold
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