Interviewed by the TF Metals Report's Craig Hemke for Sprott Money News, Sprott Asset Management's John Embry notes that bullion banks continue desperately shorting gold futures to keep gold's price down. He adds that he doesn't think the U.S. Federal Reserve will be able to reduce its balance sheet without collapsing the U.S. economy unless some other huge financial entity buys whatever the Fed is selling. The interview with Embry is nine minutes long and can be heard at Sprott Money here:
https://soundcloud.com/sprottmoney/sprott-mon...ly-wrap-up-9817
