West Desperate As Gold Heads East & Silver Set To Soar
May 30, 2013
With gold and silver on the move, today acclaimed money manager Stephen Leeb spoke with King World News about the desperation of the West as gold continues to flow to the East. Leeb also said investors should be aggressively buying gold and silver right now. Below is what Leeb had to say in his interview.
Leeb: “The developed world remains desperate to keep gold down as long as they possibly can, and to keep silver down as well. Gold is a threat to the developed world. Of course you don’t sell 400 tons of (paper) gold for no reason, in an asinine fashion.
You don’t watch your COMEX inventories draw down. There are so many signs of desperation….