Today acclaimed money manager Stephen Leeb told King World News, “There is no doubt that the Fed is going to print hundreds of billions of additional dollars.” Leeb also said, “They (the Fed) will have created multiple trillions of dollars and it won’t stop.” Leeb also said that in this environment, “... silver is easily going to $150.”
But first, here is what Leeb had to say about the situation in Europe: “I think the German high court decision was expected. It won’t have any effect on Europe’s ability to reflate. Bond purchases will take place, and Europeans now recognize they are all interrelated. If something happens to any of those big economies, Spain, Italy, etc., they all go down. ...”
"... Investors should ask themselves, how much do I have to invest in gold, silver, and the quality junior gold and silver shares, so that I can cover up all of the other investment mistakes I might make? And to make sure I have plenty left over if inflation does go to 10% or 15% per year. That is the question all investors should pose to themselves at this point. ..."