Wednesday, May 2, 2012

John Embry - I Took Delivery of More Physical Gold Today!

"Today I took delivery of more physical gold because I think this is a great time to be adding to your position. Eight months ago it was over $1,900 and today it’s $1,650. Savvy investors will buy these dips in bull markets and that’s what I’m doing personally.

Once gold exits this range that it’s been in now for a considerable period of time, it will exit violently to the upside. I keep saying it, but the physical market is gradually overcoming the paper market, and the paper market, in a word, is preposterous.”

- John Embry via a recent King World News interview, read the full interview here: