John Embry on Gold Ponzi Scheme

Gold Scheme Exposed

Written by Jimmy Mengel
Posted September 30, 2013

Outsider Quote of the Week

john embry

 

“When it becomes widely known that all of the people who think they own gold in fact don’t own gold, that it’s been hypothecated and re-hypothecated so many times that there are 100 claims for every single ounce of physical gold, that is when the prices of gold and silver will really go berserk to the upside, and at that point the shorts will have serious problems.”

― John Embry

 

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