13 December 2011

"My big picture is that Merkel and the Germans will allow the printing of money and once that happens, just as it happened in 2008, once you get a sign, that’s blastoff time for gold. Gold and silver will shoot up like rockets. In my opinion gold will close 2012 at $2,500 or above, probably above. Gold could easily double from here in the next 12 months if you get the kind of money printing that I expect to happen in Europe." Stephen Leeb

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/12_Stephen_Leeb_-_Gold_Bull_%26_Germany_Flirting_with_Depression.html

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