For those who do not know him, here's a short bio that will summarize all you need to know:
John Embry is the the Chief Investment Strategist of Sprott Asset Management.
John Embry is very famed as the winner of the Stupidest Statement of The Month (for August 2011)
He is renown for having had only two investment strategies for what it seems forever now:
1 - buy gold and silver
2 - buy gold and silver shares
Anyway, here are some delightful comments Embry made during the interview:
The Central Planners had to smash silver... when you're motivated the response is in proportion of the problem.
They've created a fabulous buying opportunity.
Any free money that I have would be committed to the physical and the shares. [...] Some of them are just crying out to be bought.
And he goes on and on what they want, what they will do, and how they will fail. They don't want you to believe that silver is a safe haven.
I mean, come on, do people who have given their money to these incompetent losers at Sprott seriously believe that giving your money to be managed by Fox Mulder is a good idea?
In the meantime, my silver shorts positions are looking quite nice:
I have been warning all the people I could, and prevented as much of them from buying silver and gold in the past many months. I just hope my readers managed to also save their assets and not fall into this massive bull-trap.