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John Embry & Chris Waltzek

from GoldSeekRadiodotcom:

Summary:

John Embry, Chief Investment Strategist at Sprott Asset Management, returns to the show with his thoughts on the US dollar rally.
Policies in Japan are undermining the yen currency, while the crude oil price plunge has devalued the Canadian Loonie, making the US Greenback appear strong.
The resulting financial mirage is directing global money flows into US equities – an overvalued sector.
US corporate earnings appear overstated from a historical perspective due in part to irregular accounting methods.
John Embry does not expect stock prices to collapse until central bank officials resort to more hawkish monetary policies.
Gold remains the de facto antithesis of paper money.

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