Forget The Propaganda, Things Will Quickly Unravel As We Enter 2015

"Today a man who has been involved in the financial markets for 50 years warned King World News that things will quickly deteriorate as we enter 2015.  John Embry, who is business partners with billionaire Eric Sprott, discussed the endless propaganda coming out of the mainstream media and also spoke about the action in gold, silver and other key markets.

John Embry:  "There is no real price discovery going on in any markets any more — it’s all being so wildly manipulated.  And there is so much misinformation coming out of the mainstream media….

"Here is one classic example: An individual from CIBC World Markets said, ‘There’s global demand for high yielding, high quality assets, and the only one that’s in the game is the U.S. bond.  People continue to undervalue it.’

I think this will be seen in the fullness of time as one of the most absurd statements ever recorded.  The U.S. is by far the world’s largest debtor, and the fact that it still retains its world reserve currency status is the primary reason that its paper retains any value whatsoever at this point.

So what we’re faced with right now is this recurring propaganda that is being reported in the United States that the U.S. economy is growing strongly and that job creation is robust.  What utter rubbish.  Everything is being falsified to keep this myth alive and keep the U.S. dollar and the bond market afloat..."

at http://kingworldnews.com/propaganda-alive-well-situation-west-continues-deteriorate/