John Embry on King World News: “Today, China’s gold imports from Hong Kong show they have been going ballistic. These are staggering numbers. Where is the gold coming from? It has to be coming from Western central banks or the back door of the gold ETF. This is wildly bullish and I think there are lots of short positions in the paper market, so I wouldn’t disagree with (John) Hathaway that we will see a short squeeze in gold."