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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…
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.
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.
The 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.”
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