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« James Turk – This Will Trigger The Price Of Silver To Skyrocket | Main | John Mauldin: "One Of These 3 Black Swans Will Trigger A Global Recession" »

John Embry – Silver Set To Soar As World Markets Approach Day Of Reckoning

Today John Embry told King World News that the price of silver is about to soar as world markets approach a day of reckoning.

Silver Set To Soar
John Embry:  Eric, I think we are finally getting closer to a major turn in the price trend for silver.  The cartel’s many years of relentless downside assault on the silver price on the Comex paper market is finally having an effect on the physical market.  Very simply, at this ridiculously low, totally uneconomic price level, silver mine production is beginning to collapse in most constituencies.  This is very important in that, unlike gold, a significant proportion of new silver mine supply and scrap recovery is consumed in new industrial and medical applications…

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SSR MINING Up 13% today - did you buy a few?

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