He outlines his soon to be released gold magnum, destined to be his 8th bestseller.
According to Dr. Leeb, gold must regain its rightful status as the currency backing asset of choice, even the US dollar will eventually carry gold weighting.
While various US gold stockpiles, such as Fort Knox may or may not contain the reported 8,000-10,000 tons of the yellow metal, Dr. Leeb speculates that China may hold up to 10 times the reported 3,000-4,000 ton total.
If his thesis is correct, it gives the nation a huge strategic advantage in the coming years.
It's not too late for US officials to boost gold reserves in anticipation of negative US interest rates.
The discussion includes the Metropolitan Plan, allegedly fomented by the elite to return the Dollar to a gold standard, a reverse-Jeckyl Island meeting.
The US must embrace pioneer-like attributes, the hallmark of early national success, through investment in infrastructure, hydroelectric plants, solar, etc.
China may have $9 trillion in unaccounted reserves, much of which may have already been invested in gold assets; potentially ranging from 20,000 tons to much of the global excess supply.
Dr. Leeb urges US authorities to invest heavily in rare earths mining / production to secure a competitive edge and create entirely new industries / jobs.
Research and development (R&D) leads to decades of economic growth / productivity, new industries and jobs.
Kevin Kerr, is a TV and radio investment advisor, his unparalleled expertise in futures and commodities has made him a regular contributor to news outlets like CNBC, CNN, FOX News, CBS Evening News, Nightly Business Report and many others. Recently, he was even featured on Jon Stewart's The Daily Show. What's more, Kevin has traded commodities professionally for the last 19+ years.Kevin is heard frequently on radio stations throughout the country and Kevin is a columnist and newsletter editor with Dow Jones MarketWatch, where he's been quoted weekly since 1999.Kevin began his career on Wall Street in 1989 acting as a currency arbitrage clerk on the former New York Cotton Exchange and has worked on and owned seats on several of the Commodities Exchanges in North America. In 1993, Mr. Kerr joined Intercapital Brokers, in New York and London, trading OTC commodity swaps and options predominantly in the energy and metals sectors. In 2002, Mr. Kerr, began his newsletter and trading education career with Weiss Research in West Palm Beach Florida and later with Agora Financial in Baltimore. Mr. Kerr resides with his wife and daughter in their homes in New England and Estonia.
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