Leeb: “In addition to being focused on the gyrations in the gold and
silver market and whether we have now successfully tested a bottom, the bigger
picture is that the world remains a mess. Yes, eventually all of the money that
is floating out there is going to lead to inflation, but there are also a great
many other problems that governments around the globe will have to contend
with.
Clearly
Europe is not out of trouble. Spain, as an example, is literally ruling with
fear. Their government is staying in power by virtue of fear. The public is
scared that if they drop out of the euro all hell will break loose. That’s what
the government is telling them. I don’t think the government of Spain can keep
the populace at bay using fear for much longer...."
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