The Gold Anti-Trust Action Committee (GATA) sent out an email dispatch to its subscribers earlier this evening regarding an interesting seven minute interview of John Embry from Sprott Asset Management. I have provided the link to the interview here.
Sprott Inc.’s John Embry, interviewed by GoldSeek Radio’s Chris Waltzek, says the explosion in cryptocurrency prices is forecasting the fate of fiat currencies and governments are striving to suppress gold and silver prices because if they too were permitted to explode they would reveal the gross inflation of monetary policy.
I agree with this assessment. However, I have always contended that last decade’s rapid ascent of the precious metal prices was planned in advance and that this would provide the globalists with an easier undertaking of price management, since they would be suppressing from a higher price level as QE kicked into high gear.
The globalists knew this time period would come and that they would have to work to cover their tracks as the fiat currency regime reached its terminal phase. The globalists don’t seem to mind on letting the crypto market skyrocket. The agenda will reveal itself as time unfolds.
As I always say, it’s all planned in advance and done by design.