John Embry: SLV May Be Empty Because of Global Silver Demand

Jason Burack of Wall St for Main St was able to interview Sprott Chief Investment Strategist http://www.sprott.com/ and longtime successful investor in the precious metal mining and natural resource sector, John Embry. John has over 30 years of experience in the natural resource sector.


During this approximately 30 minute interview, Jason asks John about why he's been wrong with his market predictions for much higher gold and silver prices in the near term the last few years.

John says there's been enormous financial engineering that has allowed the powers that be to control markets using high frequency trading (HFT) algorithms and also through the OTC derivatives market.

Jason and John discuss the current macroeconomic situation, inflation and how much longer central planners can keep the game going?

Jason and John then discuss gold, silver and mining stocks in depth.

John thinks the SLV is either empty or close to empty as global demand for physical silver is still growing, especially out of China and India.

Also, John provides valuable insights into the mining industry and how much cost cutting, if any, is left for miners before they start to shut down lots of mines.

John Embry ~ Goldsek Radio - Aug 22, 2013

GoldSeek Radio's Chris Waltzek talks to John Embry, Chief Investment Strategist at Sprott Asset Management.

John Embry on Why Gold & Silver Collapsed

GSR interviews JOHN EMBRY - April 11, 2013

GoldSeek Radio's Chris Waltzek talks to John Embry, Chief Investment Strategist at Sprott Asset Management.

John Embry & James Turk on The Gold Market Attack

John Embry -- Chief Investment Strategist at the Canadian firm Sprott Asset Management -- discusses the recent correction in the gold and silver price with James Turk, Director of the GoldMoney Foundation.Here two clear leaders Embry and Turk are at their most comfortable base of expertise, knowledge and experience - priceless.

1) The spot price is the price at which physical metal trades. GoldMoney buys metal at the spot price from reliable refiners and dealers, which it then sells to its customers. GoldMoney will always use the price at which physical metal trades, not any prices at which the paper market trades.

2) Given the growing importance of Asia in the market for physical metal, it is likely that the HK Merc could become an important player.

John Embry - Gold is undervalued - April 12, 2012

John Embry - Goldseek Radio - April 12, 2012 : John Embry from Sprott Asset Management shares his highly optimistic perspective on gold and silver. GoldSeek Radio's Chris Waltzek speaks candidly with John Embry from Sprott Asset Management, about 2012 fundamentals and the gold Market.They talk about how the price of gold will react in another market meltdown, similar to 2008, and whether there will be a sell-off. They conclude that this time the flight to safety will be more important than the rush for liquidity and that gold is uniquely placed to act as a safe haven, especially with T-bills and other traditional safe assets discredited by US debt issues.

John Embry - Global Debt Saturation Ensures Much Higher Gold & Silver Prices

John Embry - Global Debt Saturation Ensures Much Higher Gold & Silver Prices . John Embry Chief Investment Strategist at Sprott Asset Management shares his highly optimistic perspective on gold and silver and discusses the reasons why people should own precious metals, and in particular gold and silver. In Embry's view, gold will gain in importance as a monetary asset in the years ahead, likely regaining an official role in the world's financial system.

John Embry : The 12th year of Gold bull cycle will be the best

1/25/2012 : Sprott Asset Management's John Embry interviewed by Mineweb - John Embry believes that the prospect of global "Weimar situation" is very real and bullish for gold. "If the economies are as damaged as I think they are, particularly in Europe, (I don't think they are as good in China or the US as they are trying to crack them up to be).... I think gold and silver prices could conceivably see the biggest percentage gains this year that they've had in the entire bull market" John Embry said "There's an excess debt issue in virtually every country of any import in the world and the chance of growing out of it are zero. I am a big believer in Austrian economics which says growth requires more and more debt creation. We can't support the debt we have already. We have seen that in vivid fashion in Europe," he added

John Embry & David Morgan , Gold & Silver is the Place to be

John Embry is pessimistic about the US government Bonds , your purchasing power if you invested in government bonds could evaporate before this is over , the stuff that is viewed as risky like gold and silver and even good quality dividend stocks is where people should have their money he says ...David Morgan explains how to invest profitably in junior exploration companies

John Embry : why Gold and Silver should be in your portfolio

John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligible if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

John Embry : why you should own Gold in your portfolio

John Embry Chief Investment Strategist at Sprott Asset Management discusses the reasons why people should own Gold and Silver : ...I think that it is absolutely essential that gold and silver be in anybody's portfolio particularly anybody that has substantial wealth for the simple reason that paper assets are under attack because of the debasement of money and I mean if you want sort of historical example look at what happened in the 1970s if you had gold and silver in your portfolio I mean you offset the fact that inflationary environmental the real returns on paper assets bonds and stocks were negligeable if not considerably negative and if you had enough to have a lot but if you had a say a ten percent representation in your portfolio you skated through what positive returns with positive returns of overall portfolio but if you did not you have a negative return so the situation today is infinitely worse than it was then so I think it's essential that people have it and the interesting fact is that the vast majority of people don't have it which gives you sort of a leg up if you got it , right now basically if you don't have it you better be getting it soon ...you should diversify ...the safest way to own gold is in your position ...you should have ten to twenty percent portfolio in physical gold and silver ...the US Stocks today are grotesquely over priced , the US bond market dos not even deserve a comment ...the currency debasement is a worldwide phenomenon



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

John Embry & James Turk - U.S. Dollar on Death Row

John Embry Chief Investment Strategist at Sprott Asset Management believes that the days of the dollar are numbered : I do I look at things mathematically he says , when I look at the budget deficit for example you reach the stage now where expenditures are twice as much as revenues , they are taking in less than 50 percent of what they're spending anytime you seen that in history that mean you by pass the point of no return so I find these debates of how much spending and cuts they gonna have or tax rise or sort of deals budget deficit problems kinda factious because I think they have reach the state in which they can do nothing but monetize to debt because they can't crack it - U.S. Dollar on Death Row





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

John Embry of Sprott Asset Management Gold Over $2,000, Silver Above $50 in 2011

John Embry Sprott Asset Management Gold Over $2,000, Silver Above $50 in 2011



I heard that the USA will be out of money in around March 4, 2011. Bernanke the money printer as Marc Faber calls him . I thought he was just printing and imputing the crap into the Federal Reserves Beast Computer devaluing the currency. Maybe they will say phoque it and run it off the cliff.Goodbye Pension Plans. Silver at $50 or even at $500 is not beyond the realms of possibilities, there have been plenty of smart and savy commentators whom have suggested that certainly $400 is going to be a given! I've read others who paint a convincing forecast towards $15,000 Gold and $1,500 silver! Hold on to your positions, the mainstream public have yet to realise what is happening, when it does, that's the time to get ready to sell. When the DOW and FTSE are at parity with Gold ratio! Gold isnt in a bubble. The Fed is a bubble and its about to burst. End the Fed. However I hope the manipulation continues for a little longer because that will allow people to acquire more silver. Silver will outperform gold by a country mile. 2% of the population only invest in metals at present. We need to educate the general population because we will all have to help each other soon in the new normal world."I find it beyond remarkable that U.S. Treasury Secretary Timothy Geithner can say with a straight face that the U.S. would not devalue the dollar for export advantage. He did exactly that in a speech to Silicon Valley business leaders just before an important meeting of the finance ministers of the G20 countries in Seoul, South Korea, in late October. I would suggest that this represents another classic example of making sure you pay attention to what people do rather than what they say. Geithner's obvious mendacity probably also contributed mightily to the essential failure of the Seoul conclave to arrive at any substantive answers on the subject of the intensifying currency wars." John Embry wrote few months ago in an oped article in the Investor's Digest of Canada

John Embry Sprott Asset Management : Unlimited Money Creation To Send Gold Higher

Gold and silver prices; perspective on the junior mining sector; markets, government intervention and why all macro economic roads are leading us to gold