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TND Guest Contributor: Chris Powell |
Interviewed by Chris Waltzek of GoldSeek Radio, Sprott Asset Management Chief Investment Office John Embry says that the professed U.S. economic recovery is only “brilliant propaganda,” that gold lately has been superb insurance against currency collapse in Russia and Argentina, that Russia is under foreign attack economically even though its government’s finances are far sounder than those of the U.S. government, and that the fall in the oil price has serious negative consequences. Embry also discusses the surprising popularity of the new Sprott Gold Miners Exchange-Traded Fund (SGDM).
The interview with Embry begins at the 45-minute mark here:
http://news.goldseek.com/radio/1420434000.php
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About Chris Powell:
Mr. Powell has been managing editor of the Journal Inquirer, a daily newspaper in Manchester, Connecticut, since 1974. He serves as the secretary/treasurer and a director of the Gold Anti-Trust Action Committee (GATA). Mr. Powell publishes GATA “dispatches” on stories relevant to the precious metals community: click here to access them and the GATA website. For additional information about precious metals, financial markets and the economy a 2 week free trial to GATA chairman Bill Murphy’s subscription service is available by clicking here. This article is reprinted on The News Doctors with permission.