Leeb – We Will See Unbelievable Chaos Going Forward
May 2, 2012
On the heels of unemployment reports being released today in Europe and the US, King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management. Leeb told KWN he expects to see a tremendous amount of chaos going forward, and it will mean the end of the euro. Leeb also discussed gold and silver, but first, here is what Leeb had to say about what is happening in Europe and the US: “Today we got two bad employment reports. One of those reports was from Europe, the other from the United States. The fundamentals in Europe and the US are horrendous. Things are even worse in Europe than they are in the US.”
Stephen Leeb continues:
“The risk in Europe of something really going astray is extremely high. You have the likelihood of a socialist winning the election in France, who will oppose austerity. He will not be friendly with Germany. To me this means the end of the euro, and that will mean a tremendous amount of chaos in Europe.
The euro is not going to last….