World To Witness A Frightening & Historic Financial Holocaust
August 12, 2013
On the heels gold and silver surging strongly on continued short covering, today a man who has been involved in the financial markets for 50 years stunned King World News when he warned that investors are now going to see a what he described as a “financial holocaust” that will result in the greatest transfer of wealth in human history. He also urged investors to get themselves properly positioned ahead of what will be a frightening and historic destruction of capital. This is without question one of John Embry’s most powerful interviews ever.
Embry: “I’ve thought for a long time that this thing was going to ignite in the latter part of the year, and I think the fuse has now been lit. There is a lot of power on the other side, and they have thrown everything but the kitchen sink at the gold and silver markets, but I firmly believe that they are running short on ammunition.
I would describe what has happened here as catastrophic for the central planners. It feels to me right now like they (central planners) are finally capitulating. They gambled and went ‘all-in’ in an attempt to break the spirit of gold and silver investors around the world….