Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Close with Modest Losses but Miners Gain on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 24 2017
By: Ira Epstein

Life Under Manipulation
By: Theodore Butler

Legendary investor names his top junior resource stock picks right now
By: Peter Spina, President, CEO of GoldSeek.com & SilverSeek.com

Silver Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Deflation must be embraced
By: Alasdair Macleod

Gold’s 47-Year Bull Market
By: Steven Saville

Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners
By: Gary Tanashian

The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation!
By: Deepcaster

The Precious Metals Bears' Fear of Fridays
By: Dimitri Speck

 
Search

GoldSeek Web

 
GoldSeek Radio Nugget: John Embry and Chris Waltzek

GOLDSEEK RADIO
By: Chris Waltzek, GoldSeek.com Radio

 -- Published: Thursday, 1 December 2016 | Print  | Disqus 

Highlights

  • John Embry, Senior Strategist of Sprott Asset Management comments on the purported 8,000 tons of paper gold dropped on the market.
  • 8,000 metric tons (2204 lbs.), 17.6 million lbs., 282 million ounces, were unleashed on the PMs sector, equivalent to a Tsunami of selling pressure.
  • The institutions and big players are clearing their short positions in anticipation of an explosive move to the upside in gold / silver.
  • New economic policies to revamp the domestic infrastructure could balloon the already bloated US national debt / deficits resulting in runaway prices.
  • India may be the trial-run / a petri dish for a global cashless society; the new Treasury secretary is a former Wall Street insider.
  • Global citizens are advised to insist policymakers embrace a dual cash / digital system, as 100% transparency also eliminates freedom.
  • Given the 46 years since the gold window was shut, salvaging the domestic / global economy may be beyond the means of policymakers.
John Embry, Senior Strategist of Sprott Asset Management comments on the purported 8,000 tons of paper gold dropped on the market following the Presidential election. According to Rob Kirby, 8,000 metric tons (2204 lbs.), 17.6 million lbs., 282 million ounces, were unleashed on the PMs sector, equivalent to a Tsunami of selling pressure. John embry proposes that the institutions and big players are clearing their short positions in anticipation of an explosive move to the upside by gold / silver. Given the recent appointment of a former GS insider, Mnuchin as the new US Treasury Secretary new economic policies to revamp the domestic infrastructure could balloon the already bloated US national debt / deficits resulting in runaway prices. India may be the trial-run for a global cashless society, a petri dish to accomplish nefarious schemes under the guise of eliminating fraud - their new Treasury secretary is a former Wall Street insider. Citizens are advised to push for a dual cash / digital system, as 100% transparency also eliminates freedom. Nevertheless, given the 46 years since the gold window was shut, salvaging the domestic / global economy may be beyond the means of policymakers.

| Digg This Article
 -- Published: Thursday, 1 December 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.