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With the price of gold seeing a huge advance in the past month, central banks see a massive $2.2 billion in losses on gold shorts but here is why it may get much worse.
On the heels of the recent violent trading in key markets, this is remarkable, plus 3 absolutely shocking charts.
Dr. Stephen Leeb told King World News there is an 80-90% chance of this happening in the gold market.
Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management – Dr. Leeb is a registered investment adviser and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. Dr. Leeb is a New York Time’s Best Selling author….
Dr. Stephen Leeb: Chairman & Chief Investment Officer of Leeb Capital Management – Dr. Leeb is a registered investment adviser and has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database. Dr. Leeb is a New York Time’s Best Selling author…
As we come to the end of a wild week of trading, today Dr. Stephen Leeb told King World News here is how gold will trade in the coming weeks before it eventually hits $10,000.
Another bullish gold catalyst as Albert Edwards warns, “Beware a US dollar slump.”
Today one of the greats said, when it comes to the gold market, “That attitude will change over time.”
On the heels of the price of gold pulling back in order to consolidate gains, James Turk told King World News that a lot of people are worried about the gold and silver markets.
Here is why Americans are so fearful, plus gold and James Turk’s comments.