Gold Flow East & Silver Squeeze To Create Surge In Metals

IMG Auteur
Published : February 05th, 2013
168 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

Today acclaimed money manager Stephen Leeb told King World News there is an investment and industrial squeeze taking place in the silver market.  Leeb stated, “The coming move in gold and silver will mark a major turning point in what will probably be the greatest bull market people will ever see in their lifetimes.”  


Here is what Leeb had to say:  “I think the key to this market is understanding when commodities are going to breakout and how high they will go.  Investors need to understand that once commodities breakout, the higher prices will be a constraint on growth going forward.”
</frame>
Stephen Leeb continues:

“Higher commodities also cement gold as the go to currency.  In fact, gold will be the only meaningful currency once commodities become truly scarce.  Countries are going to be less likely to want to take paper money going forward because there is a race to the bottom in all currencies.

Last year the average price for Brent crude set an all-time high....

Read more...
<< Previous article
Rate : Average note :5 (1 vote)
>> Next article
All the stuff you don't want to know about, but should. And, when you do know, you realize that for the present you are powerless to change it This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to the author with 'SUBSCRIBE' in the subject line.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Nice Rally, but Can Gold Sustain It?
17:10The Recusant
Gold can sustain higher values if the fears are maintained. As long as fear of war, economic problems, or political upheavals are present, gold pri...
The Demise Of The Dollar As We Know It: “A Break Is Coming… On A Wo...
16:59The Recusant
We must return to a precious metals based monetary standard. China's move to use a gold-backed Yuan for international oil trade is a move in that d...
Governments Begin Testing Cryptocurrencies As Cash Use Plummets
16:42The Recusant
"When a government takes over a people’s economic life it becomes absolute, and when it has become absolute it destroys the arts, the minds, the li...
Top Ten Reasons I Buy Gold Silver [#7] - These Assets Come With a ...
21 Sepvictoriashores1
HI Jeff I have read your articles with a lot of interest in your feelings with the future of Gold and Silver. I'm 75 years of age and have ...
What Is the Correct Amount of Money?
20 Sepgfs5431
If money is the heart of the economy, then the economies of the world are running with diseased hearts. Keynesians and other monetary intervention...
Pushback
20 SepGypsy
James, you're getting more difficult to read. As a Deplorable, I realize my under-education leaves me at a disadvantage when faced against the Mer...
Pushback
18 Sepdennyc3
If a university professor has been on the job for more than five years without venturing out into the world there's usually nothing to learn here. ...
Rude Awakening for the US in January? No, Just More Alarmist BS Fro...
18 SepDRGEORGE
The world & the US $ have been on the brink for 10 years (or more). In 2008 it nearly happened but giving the 1% a stack of money saved the day. It...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS