John Embry: Expect Squeeze In Gold, Price Headed Multiples Higher – King World News

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“I have been a long time proponent of the idea that we may very well be at peak gold production in the world.” [Embry] warned, “We may have seen the peak.” Embry also stated that he believes we are headed towards a, “… classic supply/demand squeeze.” This will send gold, “… to multiples of the current price.”