November 14, 2011
With gold trading near $1,780 and silver around $34, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman & Chief Investment Officer of Leeb Capital Management. When asked about the action in the metals, Leeb responded, “Gold has been very strong and now it’s consolidating. I see absolutely no evidence whatsoever that it is going to reverse. Can I say, definitely, it won’t go back to $1,600? Of course not. But is $5,000 more likely than $1,400? Yes. Is $5,000 extremely likely? Yes."
--> Click to Continue
No comments:
Post a Comment