Financial Holocaust

Those are the words of John Embry, Chief Investment Strategist for Sprott Asset Management and a financial veteran who has worked in the investment industry for 50 years. And, he actually didn’t say just ‘Financial Holocaust’. No, he actually said this: “We will now see historic and catastrophic wealth destruction. It’s going to be something to behold, and investors who want to survive this financial holocaust had better be properly positioned.” As of this month, we are already seeing cracks in the facade that the Federal Reserve has erected for us. The question in my mind is when this financial … Click here to read the rest…