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Today acclaimed money manager Stephen Leeb told King World News
there is an investment and industrial squeeze taking place in the silver
market. Leeb stated, “The coming move in gold and silver will mark a major
turning point in what will probably be the greatest bull market people will ever
see in their lifetimes.” Here is what Leeb had to say: “I think the key
to this market is understanding when commodities are going to breakout and how
high they will go. Investors need to understand that once commodities breakout,
the higher prices will be a constraint on growth going forward.”
Stephen Leeb
continues:
“Higher commodities also cement gold as the go to
currency. In fact, gold will be the only meaningful currency once commodities
become truly scarce. Countries are going to be less likely to want to take
paper money going forward because there is a race to the bottom in all
currencies.
Last year the average price for Brent crude set an
all-time high...."
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