Today an acclaimed money manager spoke with King World News about important facts the mainstream media is not telling people. Stephen Leeb covered everything from the United States, Russia, India, Germany, China, gold, and energy in this fascinating interview.
Leeb added this regarding gold: “Gold is under short-term pressure here. I’ve been saying that I think silver is a much better bet in the short-term, but longer-term this volatility means nothing because you just have to have gold in your portfolio. Investors need to use these dips to accumulate more physical gold because when the market finally turns, gold is going to go up in a dramatic way.
Also, the Chinese may want to accelerate the building of their electrical grid because they now see that India has a real leader who wants to take
India’s growth rate as high as 8 percent. This is going to require a tremendous amount of silver. But regardless, investors should be accumulating gold and silver on these dips because the big move higher in this secular bull market is still ahead of us. This will be the move that really surprises even the most bullish market participants.”
Source King World News
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