50-Year Veteran On Warren Buffett’s BS And The Biggest Wealth Transfer In History

KingWorldNews.com
March 07, 2016

Today a 50-year market veteran spoke with King World News about Warren Buffett’s BS and the biggest wealth transfer in history.

John Embry: “I’m focused on the fact that at this point gold has put in a remarkable performance, with most observers, including a number of bulls calling for a correction….

John Embry continues: “The commercials, i.e., the bullion banks, appear to be going mega-short here, as there was a massive blowout in open interest on the Comex late last week.

In addition, there has been a historical pattern that when the PDAC — the world’s biggest mining conference — is being held in Toronto, gold prices come under pressure. This is done to diffuse any excitement from the conference. Now, it just opened on Sunday and gold continues to perform well, which is a pleasant surprise to me.

The Rest…HERE

This entry was posted on Tuesday, March 8th, 2016 at 10:53 am and is filed under Conspiracy, Corruption, Economics, Government Evil, Media Lies, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.