SilverDoctors: Zerohedge Shocker: Greece Bailout Nothing But Gree...

SilverDoctors: Zerohedge Shocker: Greece Bailout Nothing But Gree...: Tyler Durden is on his game today, discovering some shocking details in the fine print of the latest and greatest Greek bailout. Not only w...

Leeb - Expect $6 per Gallon Gas & Huge Surge in Gold & Silver

Today acclaimed money manager Stephen Leeb told King World News that investors need to prepare for $6 per gallon gasoline, instead of the $5 we are currently seeing. Leeb also said tremendous inflation will cause gold and silver to begin a major surge to the upside which will take both of them to new highs. Leeb is Chairman & Chief Investment Officer of Leeb Capital Management. Here is what he had to say: “Gold rallying is a recognition that virtually every large economy in the world is reflating. It’s a situation where a lot of money is being pumped into the financial system and every country in a race to the bottom with regards to their currencies. Interestingly, gold is moving higher with the yen moving lower. Of course the yen is moving lower because of aggressive Japanese monetary stimulation.”

Stephen Leeb continues:

“The Chinese lowered their reserve ratios again and they will probably follow with lower interest rates. The US continues to discuss further monetary easing. The problem is now we have Brent Crude Oil near the $121 level, not too far from its all-time high of $140.

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