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John Embry: Conditions Ripe for Precious Metals Hit

-- expats
Forum Post
11/21/11 17:03
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John Embry: Conditions Ripe for Precious Metals Hit

Thank author of this post/commentWith both gold and silver down on Monday, Sprott Asset Management's John Embry tells King World News that "I'm not terribly surprised . I mean they've got the perfect backdrop against which to drop gold and silver prices. They just lob it into the whole idea that they are risk assets and the whole risk on trade is being taken off because of all of the problems in the background." He goes on to note that "we've got an option expiry on gold [and silver] tomorrow and until that's over we won't.

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