This Will Trigger More Stimulus From The Fed And The Buy Point Of A Lifetime Before Gold Surges Above $10,000
KingWorldNews.com
May 05, 2015
Today one of the top money managers in the world spoke with King World News about what is going to trigger more stimulus from the Fed and mark the buy point of a lifetime before gold surges above $10,000.
Stephen Leeb: “Oil is on the move as you know, Eric. We have Brent trading at $68 and West Texas crude is near $61. This is up from the fairly recent low of $45. Other commodity prices are also picking up as well….
“What we are seeing is a turn in Europe. The previous high in commodities was in 2011. Europe then went into a recession where economic activity declined for six consecutive quarters. I believe that streak was even worse than the Great Depression.
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