Embry – We Have Never Seen Anything Like This In History
August 6, 2013
With most key global markets trading lower, today John Embry warned King World News about the stability of the global financial markets and cautioned, “We have never seen anything like this in history.” Embry also warned, “I just don’t see this ending well.” Below is what Embry had to say in his powerful interview.
Embry: “We are seeing highly questionable data being released in the West right now, which is followed by market action that gives the appearance the data is in fact true. I think the thing KWN readers have to realize is this is traditionally one of the quietest periods of the year.
Europe is essentially shut down in many places, particularly France. Even in the United States and elsewhere around the world people take the month of August pretty lightly. So if you are in there manipulating markets, you can get a heck of a lot more bang for your buck during the late-summer month of August, and that’s exactly what we are seeing right now….