John Embry tells King World News in regard today's sell off of gold:
“The market is so volatile and you’ve had Jim Sinclair on, who I worship when it comes to this stuff, and he was discussing this volatility. He said, ‘Be ready for volatility that’s going to make you feel like your hair’s on fire.’ This is just one example of it.
"Does this mean anything in the long-run? Absolutely nothing. It’s just another great buying opportunity. I think the price will come back within days. This is just one of these momentary smashes where the speculators get cleaned out every time...."