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Massive shorting of gold and silver is being challenged, Embry says
Published : November 26th, 2012
111 words - Reading time : less than a minute
( 2 votes, 5/5 ) Print article
 
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Keywords :   Gold | Metals X | Silver |

 

 

 

 

Massive shorting is occurring in the gold and silver futures market, Sprott Asset Management's John Embry tells King World News today, but the open interest keeps rising because, it seems, buyers who are not easily shaken out have figured out the paper game and are challenging the market riggers. An excerpt from Embry's interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/26_W...

Meanwhile, market analyst Ron Rosen tells King World News why he thinks Friday's rally in the monetary metals foreshadows their continued rise:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/25_R...

And fund manager Robert Fitzwilson tells King World News why he thinks a chaotic phase in the world economy is about to begin:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/25_C...

 

 

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Chris Powell

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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