Bloomberg | November 19, 2010 - YT Video
Nov. 19 (Bloomberg) -- Stephen Leeb, president of Leeb Capital Management, Chuck Lieberman, chief investment officer at Advisors Capital Management LLC, and Joan Lappin, president of Gramercy Capital Management, talk about their investment strategies. Leeb, Lieberman and Lappin also discuss Federal Reserve monetary policy and China's economy. They talk with Pimm Fox on Bloomberg's "Taking Stock." (Source: Bloomberg)
Embed was blocked .. click on title to see discussion video.
For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.
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