All Hell is Going To Break Loose on The Upside in Gold !

• All Hell is Going to Break Loose on the Upside in Gold! 
  by www.kingworldnews.com
  With the US dollar hitting fresh two year highs, stock markets struggling around the world, and gold holding firm, today King World News interviewed acclaimed money manager Stephen Leeb, Chairman of Leeb Capital Management, to get his take on what is happening.  Leeb told KWN there is a huge scandal because “…the banks don’t have the gold the customers are paying them to have on deposit,” and “all hell is going to break loose on the upside.” Here is what Leeb had to say about the scandal:  “Examples that people like Eric Sprott have given, where an individual depositing gold in 2009, when they asked to get their gold back there were long delays.  And the gold bars they got back were certainly not the gold they deposited because they came back dated 2011. What’s that all about?”
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  “It’s that simple.  And eventually there will be panic because the gold is not there at the banks. I see massive turmoil.  … I just see massive turmoil when people finally realize the banks don’t have their gold. You will see governments frantically trying to substitute fiat money for gold because this is going to feed on itself. …. This is the kind of thing that will end in catastrophe.  At some point the government may try to impose some type of controls, but before you get that you could end up with $8,000 or $10,000 gold.  I just think this whole situation will end in total chaos.  …
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