Tuesday, December 6, 2011

Stephen Leeb: Expect Gold Price to Double in Twelve Months

from King World News:

With gold and silver still consolidating, oil above $100 and stocks trying to hold on to recent gains, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management. When asked about the action in gold, Leeb responded, “There are liquidity concerns right now. I think the world, and in particular Europe, really does have a liquidity problem. If Europe has a liquidity problem that obviously has the potential to affect everybody, especially the US. When you need liquidity gold is a natural source. It’s been a tremendous performer over the past decade.”

Stephen Leeb continues: Read More @ KingWorldNews.com

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