Stephen Leeb: “As we approach the end of July, gold has eked out a 2 percent gain for the month. Not bad, but considerably below the 8 percent gains in commodities like oil and copper. The point, however, is that trends in all commodities are linked to each other and to gold (which is both a commodity and a currency-in-waiting). I like all commodities here, and that’s a big reason for liking gold – which, as I said in last week’s interview, has likely bottomed as China’s financial markets have become more open and transparent…"
at http://kingworldnews.com/chinese-gold-backed-currency-to-be-unveiled-when-this-major-market-surges/
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