That's a must read article, not because it says anything we don't know but because of who says it. When JP or Jay Taylor or Jim Willie or any other newsletter writer or speaker say these things I always feel a certain degree of skeptisism as I feel they are a little bit like armchair economists who have overdosed on the religion they're pushing. (hows that for a mixed metaphore).

However, John Embry is different. He has long been one of the the most respected fund managers in Canada running our largest bank's, Royal, precious metals fund before joing Eric Sprott's team. He was given the award by his peers as fund manager of the year at some point, which is fairly telling as I know several people in that industry at that level and here in Canada at least they are really good and decent people. Not at all like you see with the guys at Lehman and the like. Anyways, I think Embry is just amazing and he ranks only alongside with Frank Barbera in my books.