From Mineweb:

Sprott Asset Management's Chief Investment Strategist John Embry suggests you "protect yourself" from downside risk by shifting 25% of your portfolio to precious metals. Interview with The Gold Report.

... TGR: You were managing funds with gold holdings long before the era of 1.5 trillion dollar deficits and sovereign debt issues in Europe. How has your strategy for asset management changed over the last decade, and more specifically, pre-2008 versus post-2008?

JE: That's a very good question. I'm working here with my partner Eric Sprott. I'm not managing money on a day-to-day basis anymore. I'm just working on strategy and the gold scene. But I know that the long side of Eric's hedge fund has gone almost exclusively to precious metals, and he's...

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