Dr. Stephen Leeb – The World May See $20,000-$25,000 Gold (Podcast)
Dr. Stephen Leeb – The World May See $20,000-$25,000 Gold Podcast from King World News
On the heels of the recent pullback in gold and silver, today Dr. Stephen Leeb told King World News that the world may see $20,000-$25,000.
September 14 (King World News) – Dr. Stephen Leeb: “If we assume that this gold-backed SDR is going to be used in trade throughout the world, you have to have a target for gold that’s somewhere around $20,000-$25,000. If you also assume that gold is going to be involved in backing up transactions within countries, and it probably will be involved in backing up transactions within China, which is 20% of the world’s transactions, you are talking about numbers that are fantastic (in the stratosphere).