Thursday , 24 August 2017


John Embry: 'Plunge Protection Team' Hard at Work While Investors Puke Up Mining Stocks!

Most novice investors don’t understand the fundamentals and so they are puking up the mining stocks because they just want out but…this is when you want to buy, when sentiment is negative and fundamentals are astoundingly positive.

So says John Embry in edited excerpts from a recent interview with King World News as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.

Embry also mentions in his interview (you can read it here in its entirety or listen to it here) that:

The ‘Plunge Protection Team’ is in the market, virtually every day, making sure the…[Dow] holds…above 13,000 until the elections take place in the U.S. on November 6th…This [supposedly] imparts confidence to the public [but it] is totally unrealistic and unsustainable. There is nothing in the backdrop other than money creation that would suggest the stock market should be higher. No market in history has traded like this, particularly considering how bad the fundamentals are at this point. Can they do it? I’d say no.

Related Article:

1. Precious Metals: Don’t Want To Play Anymore?

Gold_intro

We suspect that many precious metals investors are saying, “We don’t want to play anymore!” and our reply is, “You mean you want to quit right now? Right at the bottom of this cycle? You must be crazy – and that is crazy with a capital C!” True, this is a very challenging market environment for resource shares, but we know what the ultimate outcome will be: higher share prices. The only question is “when” and our opinion is that we are very close in time (within days or a week or two at most) of being able to say that the lows are behind us. Let me explain. Words: 785