Stunning – China To Accumulate Another 5,000 Tons Of Gold
October 2, 2013
With huge volatility in the gold market, today acclaimed money manager Stephen Leeb stunned King World News when he said that his sources tell him the Chinese are looking to buy another 5,000 tons of gold. Below is what the acclaimed money manager had to say about this startling development.
Leeb: “Eric, I am focused on the tremendous volatility we are seeing in major markets, and also in the US government. Because of the turmoil in the US we are seeing bonds up one day and then down the next. We also see gold getting hit for no reason and then rallying the next day.
But one of the most interesting things we are seeing right now is the weakness in the US dollar. The US Dollar Index is now trading below the key psychological level of 80….