On the heels of Germany looking to repatriate their gold, today King World News spoke with top UBS analyst Peter Lee about his rather frightening forecasts for the US dollar and equities. Interestingly, his call for the dollar to plunge comes right after Germany expressed that it wants its gold out of the Fed and back inside German vaults. If Lee is right in his outlook, this will have massive global ramifications. Lee also provided KWN with some incredible charts to back up his rather ominous predictions for both the dollar and equities.
Here is what top UBS analyst Peter Lee had to say, along with powerful charts: “We are nearing a couple of inflection points coming up in the markets. There is a distinct possibility that all of this converges in the upcoming two-year window between 2013 and 2014. This will be greatly impacting equities, bonds, and currency markets.
Peter Lee continues @ KingWorldNews.com
“There are decades when nothing happens and there are weeks when decades happen.” – Vladimir Ilyich Lenin
Today acclaimed money manager Stephen Leeb told King World News the
reason Germany is only getting small portions of their gold sent to them
over the years is because the gold is not at the Fed. Leeb also
believes the United States is now running out of physical gold to sell
in their price suppression scheme. Here is what Leeb had to say:
“There are two main parties engaged in a battle for economic and
monetary supremacy in the world. This is China vs the United States.
Interestingly, at least for a period of time, both countries don’t want
to see the price of gold take off.
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