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John Embry: Once gold clears $1,000 it will stay there

Section: Daily Dispatches

8:20p ET Tuesday, July 7, 2009

Dear Friend of GATA and Gold:

In his latest commentary for Investors Digest of Canada, Sprott Investment Management's chief investment strategist, John Embry, predicts that once gold clears $1,000 it will never look back. He also defends GATA against GFMS Executive Chairman Phillip Klapwijk's likening us to terrorists. (Of course we might not mind frightening certain central banks, investment houses, and their agents just a little bit.) Embry's commentary is headlined "Once Gold Decisively Tops $1,000, It'll Stay There" 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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