The Dollar Crisis | John Embry

In this video, John Embry -- Chief Investment Strategist at the Canadian firm Sprott Asset Management -- discusses the worsening fiscal position of the US government with GoldMoney Foundation Director James Turk. In John's view, America is likely heading for hyperinflation thanks to the current fiscal policies of the Federal Reserve. John and James also discuss the growing problem of rising prices, and how the US authorities remain determined not to notice growing inflationary pressures.





John Embry joined SAM as Chief Investment Strategist in March 2003, with a focus on the Sprott Gold and Precious Minerals Fund. He plays an instrumental role in the corporate and investment policy of the firm. Mr. Embry, an industry expert in precious metals, has researched the gold sector for over thirty years and has accumulated industry experience as a portfolio management specialist since 1963.
After graduating from the University of Manitoba with a Bachelor of Commerce degree, John Embry began his investment career as a stock selection analyst and Portfolio Manager at Great West Life. He then became Vice President of Pension Investments for the entire firm. After 23 years with the company, John became partner with United Bond and Share, the investment counseling firm acquired by Royal Bank in 1987. John was named Vice-President, Equities and Portfolio Manager at RBC Global Investment Management, a $33 billion organization where he oversaw $5 billion in assets, including the flagship $2.9 billion Royal Canadian Equity Fund and the $250 million Royal Precious Metals Fund, the #1 ranked fund across the country for its 2002 net performance of 153%.