Today one of the top money managers in the world told King World News that gold and silver are destined for a historic mania!
Stephen Leeb: “Right now I am focused on gold and silver, particularly gold and silver stocks. Many of these stocks have already tripled in price and some have gone up much more than that. I understand that the massive gains in the high quality mining companies give people pause, and they worry about whether or not to sell. But if I’m right, Eric, about there being a massive bull market in gold, can you imagine how high these stocks will go?
Meaning, you haven’t seen anything yet when it comes to the shares. By the time this bull market is near its conclusion it will be an internet mania type of atmosphere for the mining shares…
Continue reading the Stephen Leeb interview below…
As far as silver goes, Eric, silver is not only a monetary metals but it’s also an industrial metal. And the move to solar all over the world, especially in China, is going to create massive demand for physical silver. China in the next 5 or 6 years will probably need more silver just for their solar panels than the world is able to mine each year.
King World News – China Causing Massive Worry For Gold Shorts But Watch Silver
Eric, I’m so excited that this is all coming together now for long-term investors. King World News has really encouraged people to hang on to their positions and not lose them in the early stages of this new bull market. Once people lose their positions, sometimes it’s really hard for them to get back in because prices are so much higher.
King World News – China’s Shanghai Exchange Sends Price Of Silver Soaring & Gold SurgingThe Best Performing Asset This Century
But I also get angry because why are financial planners and Wall Street ignoring the best performing asset this century, which has been gold? Yes, gold had a huge correction but I’m counting that correction. If you look at gold from the year 2000 to now, it has killed the stock market, it has killed bonds, and every other asset class. Yet gold is not on anyone’s radar. King World News readers and listeners are the exceptions.
But it’s not too late for investors to purchase anything gold and silver related. As I said earlier, we haven’t seen anything yet. Before this bull market is over, it will be one for the history books.”
King World News
April 29, 2016
Stephen Leeb