Re: China poised to skyrocket Gold in Oct/Nov. --Stephen Leeb
posted on
Jul 19, 2015 04:43PM
Ike, May I remind you that Stephen Leeb was wrong about "$200 oil" (he even wrote a book with that in the title), and he was wrong about "PEAK OIL" as was Mathews Simmons...Remember "Twilight in the Desert"?..You don't hear anything about "Peak Oil" now...Nevertheless, I'm betting on Leeb being correct about Gold's ascendency this year, but not because of the reasons he highlights. My thinking is more in line Rickards,Armstrong, and Norcini. That is, when there's a blatant economic global crisis that the Fed can only fix with QE 4 or so, then we'll see Gold take off!