“You can’t create more and more debt, which is required to get economic activity moving forward at a decent pace.  They will try, but ultimately it will reflect itself in inflation.  So what we potentially face is the first global move toward hyperinflation in world history.

Hyperfinflation has happened many times in history, but without exception it has been confined to specific countries or small regions.  This one would appear to be heading in a global direction, and because it (hyperinflation) is the most corrosive thing that can happen to a society I cringe at the thought of this coming to fruition....

Continue reading the John Embry interview below...


To hear what billionaire Eric Sprott & Rick Rule are doing with their own

money and which $10 billion company John Embry &

Dr. Marc Faber oversee click on the logo:

Eric King:  “How bad will it get, John?”

Embry:  “It could get very bad.  I’ve read extensive documentation of what happened in the Weimar experience post-World War I in Germany and it was very ugly.  So to say that I am worried is an understatement.

This time, because the situation is infinitely worse than at the end of the 1920s, we could be talking about decades before we turn this thing into what we saw in the post-war era.  I had the good fortune of growing up in one of the greatest eras in the history of mankind for the middle class.  We all had a great opportunity.

I think it’s going to take a while to get back to that situation.  It’s going to require a massive clean-out of this debt, and to start over with some sort of a new currency system ... In reality, the only money that’s lasted in history has been gold and silver. 

Right now we are in the terminal stage of the current currency system.  So gold and silver are reasserting themselves in their historic role as money.  I guess I’m a little ahead of the curve.  All of my cash is in gold (and the shares), and I think it’s a wonderful time to be devoting some cash flow to gold and silver shares because this is the best buying opportunity you are ever going to get in your lifetime.”

Embry also warned: “This is headed toward a catastrophic ending.  We are in a period in world history which has never been seen before, and the thought that the powers that be have any idea have about getting us out of this mess without serious chaos is dead wrong.”

This is an incredibly powerful and timely interview with John Embry because it is the first time people with get to hear him give his take on the aftermath of Cyprus, and how much danger investors face going forward?  Embry also covers gold, silver, what he is doing with his own money and much more.  The above information was just a small portion of his incredible interview.  The King World News audio interview with John Embry is available now and you can listen to it by CLICKING HERE.

© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

The audio interviews with John Embry, James Turk, Art Cashin, Gerald Celente, Stephen Leeb, John Maudin, Egon von Greyerz, Rick Rule, Bill Fleckenstein, Paul Craig Roberts and Nigel Farage are available now.  Also, be sure to hear the other recent KWN interviews which include Eric Sprott, Marc Faber and Felix Zulauf by CLICKING HERE.

Eric King

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© 2013 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

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