John Embry – Expect Wild 2018 As ‘Deep State’ Attacks In The Gold & Silver Markets Are Now Failing
KingWorldNews.com
January 07, 2018
As we kickoff the new year, John Embry told King World News that ‘Deep State’ sponsored bullion bank attacks in the gold and silver markets are now failing. This should set the stage for a wild 2018.
January 7 (King World News) – John Embry: “Happy New Year, Eric, and I strongly suspect that for the holders of gold and silver bullion and their respective equities, it could finally be a very happy new year. As you are aware, the entire precious metals complex has been under constant attack by the usual suspects since the prices peaked in 2011.
If anything, this unrelenting suppression scheme intensified in the latter stages of 2017. A perfect example of the extent of this activity occurred on the last trading day, December 29th of 2017, when on a quiet day the gold Open Interest on Comex rose by over 20,000 contracts — representing more than 2 million notional ounces as gold finally recovered to the $1,300 level. What legitimate in his right mind would short this much gold at these levels on a quiet, single trading day?…
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