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Message: Wildly Bullish on Gold & Silver - John Embry

“I think perhaps the most bullish thing I saw yesterday was that Dennis Gartman has pronounced the end of the gold bull market as a result of the Fed’s actions. Nothing could be further from the truth. Given Dennis’s unbelievably inept record at calling the gold price, in both directions, I regard this event as wildly bullish.”

“You also had CNBC, which to me is a propaganda machine, when they are out slamming gold and silver after they have experienced major corrections in ongoing bull markets, again, this is wildly bullish for both metals. I really am intrigued at what is taking place because I think the other side, the manipulators, are seriously over-playing their hand here. The interpretation of the FOMC minutes that there would be no more QE is preposterous.

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