Today
an acclaimed money manager told King World News that “2015 and 2016
will be among the most critical years in Western civilization.” He also
said that gold is going to regain it prominence in the monetary system
and silver is headed into the stratosphere.Stephen Leeb: “Above all I am focused on oil prices and its temporary negative effect on gold. But longer-term what is developing is phenomenally bearish for the West and bullish for the East. Several reports from brokerages, Goldman Sachs among them, have been released in recent days saying that if oil prices stay near current levels you could see a $1 trillion reduction in capital expenditures across the globe.
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