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Metals are strong but so are governments fighting them, Embry says

Section: Daily Dispatches

2:30p ET Tuesday, August 2017

Dear Friend of GATA and Gold:

The monetary metals are showing resilience, Sprott Asset Management's John Embry tells King World News today, but Western governments and central banks will exert their full power to prevent them from breaking out. This effort, Embry adds, may become more difficult as metal production declines as a result of years of price suppression. Embry's interview is excerpted at KWN here:

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


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He adds: "It is fitting to remember how pleased Americans were back in the 1970s to see their smoky, polluting industries close down, to be replaced with green malls and pleasant cafes, with areas for exercising, sunning, and shopping. The time was hailed as the 'the greening of America.'

"What happened to America was a Greek tragedy writ large. By its own hand the United States has destroyed itself. Its huge advantage -- the right to issue the world's fundamental money, the dollar -- turned into the sword that disemboweled its own guts."

Salinas Price's commentary is headlined "There Is No Cure for this Disease" and it's posted at the association's internet site, Plata, here:

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

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