Monday, June 13, 2016

John Embry: We’re In The Endgame
"I honestly believe that for the anti-gold forces this is the endgame — this is the fight to the finish. They will build up short positions on the Comex to prevent the price from breaking away (in the short-term). But ultimately we will have the commercial signal failure when the commercials (bullion banks) are overrun .. This is classic bull market action where gold climbs a wall of worry and it keeps people out. The HUI (Gold Mining Index) as of Friday’s close is up about 132% (on the year), but at one point on Friday the HUI was up (a staggering) 140%! .. I’m very heavily exposed to this sector."
LINK HERE to the article & podcast

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