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John Embry: Obama should come clean about gold

Section: Daily Dispatches

3:22p ET Thursday, February 12, 2009

Dear Friend of GATA and Gold:

In his latest commentary for Investor's Digest of Canada, Sprott Asset Management's chief investment strategist, John Embry, argues that President Obama would do better to come clean now about the U.S. government's gold price suppression scheme, while it can be blamed on his predecessors. Competitive currency devaluations, Embry predicts, are going to explode the gold price anyway. His commentary is headlined "Obama Team May Not Be Friendly to Gold" and you can find it at the Sprott Internet site here:

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

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