How will gold and silver do in the next meltdown? John Embry, Senior Investment Strategist at Sprott Asset Management, contends, “I find stocks severely overvalued, and I find bonds more overvalued, and I would lump urban real estate into that category as well. So, traditional assets are extremely overvalued. To me, the two really undervalued assets are gold and silver. They are significantly undervalued and everybody hates them. . . . Embry goes on to charge, “I would say gold and silver are as cheap as they were when gold was $250 an ounce and silver was $5 per ounce. They are the cheapest assets on the planet.”
Join Greg Hunter as he goes One-on-One with financial expert John Embry.