Gold & A Global Financial System In Complete Turmoil !
- Gold & A Global Financial System In Complete Turmoil !
by www.kingworldnews.com
On the heels of continued chaos in global markets, today acclaimed money manager Stephen Leeb spoke with King World News about the gold and silver smash and what investors should expect going forward. Leeb also talked with KWN about one country in Europe that is getting very serious about its gold.
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Leeb: “Germany, as we know, is repatriating their gold from the United States. Everybody has talked about that — ‘Why is it taking years to get a few hundred tons back to Germany (from the United States)?’ But guess who else they are repatriating their gold from? France.
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Now, the German comment is, ‘Well, there’s no need to store it in France because we’re all one currency now.’ Really? And you expect to remain one currency for the next 10 or 20 years? And if you’re just one currency, why not leave it in France? Germany is getting very serious about their gold….
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