Germany, Russia, China & A New Golden Global Currency
March 5, 2014
With gold drifting higher and the US Dollar Index barely clinging to the critical 80 level, today an acclaimed money manager spoke with King World News about Ukraine, Germany, Russia, China and the move to a new world currency which includes gold. Below is what Stephen Leeb had to say in this fascinating interview.
Leeb: “I’m very focused on what’s going on in the Ukraine, and the interplay between the United States, the Europeans, and Russia. This underlies the U.S. weakness in the world. How many people can we sanction? How many people can we support where it ends badly? Egypt comes to mind.
And Russia, with their hold on European energy and their hold on the Ukrainian economy, the U.S. threatening them with sanctions seems ridiculous. This is just a hollow threat….