"Embry expects a mania in precious metal mining shares
Submitted by cpowell on Thu, 2010-11-25 17:52. Section: Daily Dispatches
12:46p ET Thursday, November 25, 2010

Dear Friend of GATA and Gold (and Silver):

Interviewed by Eric King of King World News, Sprott Asset Management's chief investment strategist, John Embry, predicts that despite that constant disparagement of gold and silver by respectable market analysts, the need of governments to prevent debt implosions will force them to keep printing money and thereby keep gold going up in terms of that money. That, Embry says, will induce a mania in the precious metals mining shares. An excerpt from the interview has been posted at the King World News blog, headlined "There Will Be a Mania in Gold and Silver Shares," and you can find it at King World news here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/11/25_J...

Or try this abbreviated link:

http://bit.ly/fUCpUi

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



--------------------------------------------------------------------------------
The fundamentals in the gold industry are aligned to spur M&A activities in general. The largest gold producers are seeking to replace their depleting reserves. With gold prices at all time high, the industry will likely see flurry of M&A activities as intermediate and bigger miners try to acquire new deposits through the acquisition of successful junior gold explorers.