by Henry Bonner, SilverBearCafe.com:
I interviewed Sprott’s John Embry a few weeks ago. John believes gold and silver will move big as weakness in the economy and financial system comes to light. I got on the phone with Mr. Embry for a follow-up on his ideas and predictions…
Hello again John. The last time we talked, you said gold and silver were at ‘historic undervaluation.’ What’s on your mind now?
Well, my main concern today is that the economy is really much worse than most people are prepared to admit. And this will have significant ramifications on various markets. Obviously, the one market we are particularly interested in is gold and silver. Both of them, as I said before, are considerably undervalued. They are under-owned too. I still think that the fundamentals look better than ever. And I still think there is an explosive move coming in 2014.
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