Interviewed by King World News yesterday, Sprott Asset Management's chief investment strategist, John Embry, says central banks have put gold in a stranglehold while they stumble around the Greek sovereign debt problem, but no matter how that ends up, the world has already seen "peak gold" and declining production will support the price.
I thank Chris Powell for writing the introductory paragraph above. An excerpt from the interview, headlined "John Embry: Is Greece's Situation Bad for Gold?", is posted at the KWN website...and the link is here.
