Stephen Leeb continues:

“Combine that with what Japan is doing.  The Japanese yen yesterday was getting crushed because they are now in the midst of doing the same thing.  Here you are in world where every major economic bloc is printing money as fast as they can.  This is really making me angry. 

I care about this country and the people that live here, and when you see money being printed like tissue paper, you know most bond certificates are going to be used to burn wood and keep houses warm....

Continue reading the Stephen Leeb interview below...


To hear which company investors and institutions around the globe are flocking to

that has one of the best gold & silver purchase & storage platforms

in the world click on the logo:

“$1 trillion each year the Fed is buying is a ‘1’ with 12 zeros after it.  A huge number of people in this country only have $500 in savings, and many have nothing.  You start thinking about $1 trillion and it’s hard to get your mind around it.

So right now there is a sense of desperation about gold.  All of the developed world economies have been built on paper currencies.  This is why governments are so active manipulating gold.  That’s just the way it is.  If people read the ‘Holy Grail’ article on your site they will realize we are headed to a point of inflection where the manipulators will have to eventually give up. 

Right now you can buy gold, which is headed to $10,000, at $1,700.  So these prices which are manipulated are simply a gift.  When I said oil was a $100 commodity, it was trading lower than where silver is today.  Everybody said I was crazy.  I’m not crazy.  Gold is heading to $10,000 with or without people reading this.  Gold and silver are really the de facto currencies in today’s world and they will be the leaders going forward, not paper assets.

The one caveat would be the miners.  Quality miners are a paper asset investors can believe in.  A great deal of big money has been patiently positioning themselves in key mining stocks just waiting for the explosion they know is eventually coming.

But everyone should own physical gold and silver.  Once you start buying gold and silver it’s hard to stop.  Once you get it in your hands you just want more.  So for people who are discouraged in gold or mining shares, don’t be.  Your day is coming and it’s coming sooner than you think.”

The extraordinary audio interview with Chris Powell covering “Holy Grail” evidence of central bank manipulation in the gold market has now been released and you can listen to it by CLICKING HERE. 

© 2012 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management and the

author of “Red Alert: How China's Growing Prosperity Threatens the American Way of Life”

Just released, to order from Amazon CLICK HERE.

The interviews with Chris Powell, Bill Fleckenstein, Egon von Greyerz, John Hathaway, Ben Davies, Dr. Stephen Leeb, Eric Sprott and Gerald Celente are available now.  Also, be sure to listen to the other recent KWN interviews which included James Turk, Michael Pento and Wilbur Ross by CLICKING HERE.

Eric King

To return to BLOG click here.

© 2012 by King World News®. All Rights Reserved. This material may not be published, broadcast,

rewritten, or redistributed.  However, linking directly to the blog page is permitted and encouraged.

Subscribe to RSS
KWN Blog