This Major Catalyst To Launch Historic Moves In Gold & Silver
August 27, 2013
With gold and silver surging once again, today acclaimed money manager Stephen Leeb warned King World News that gold and silver are nearing a major inflection point that will launch historic moves in both metals. Leeb predicted that silver is headed hundreds of dollar higher and also discussed what he believes the catalyst will be that will create this historic surge in gold and silver. Below is what Leeb had to say in this powerful interview.
Leeb: “Silver has been the star of the show lately, but I just want to point out that suddenly good news on the economy is good news for gold. This is a major trend change. How long ago was it that the U.S. would have good economic news and gold would take a huge hit?
Now, all of the sudden, every bit of good news on the economy sends the gold price moving solidly to the upside. Today the U.S. had consumer sentiment numbers reported that were higher than expected — and gold starts advancing to the $1,425 area. Silver also continued its seemingly relentless advance….