- Embry – This Is How Close We Are To Total Collapse!
Today John Embry spoke with King World News about the recent action in gold and silver and what the central planners are doing right now in an attempt to prevent a total collapse of the financial system. Below is what Embry, who is chief investment strategist at Sprott Asset Management, had to say in his tremendous interview:
Embry: “I was absolutely outraged to be quite honest with the jobs report on Friday in the United States. If you applied logic and actually looked at where these jobs were created, I don’t think there is any possible chance that those numbers are correct….
“Most of it, in fact all of it came from the birth/death ratio which is this thing they cooked up back when the economy was expanding to capture job growth in small businesses. And they are applying the same math today, but it’s not true. I don’t believe that small businesses are adding jobs aggressively in the United States with what’s going on in the big picture.