Silver And The Ongoing Monetary Reform

in #news6 years ago

Stephen Leeb’s book “Red Alert", published in 2012, argues that the Chinese understand the issue of resource scarcity much better than the West and as a result of their accumulation of vital resources may leave the West in a nearly untenable position within the next decade.

The silver market is already in this untenable position !

Leeb, in an interview on KWN, told that the Chinese, who have just 3% of the gold reserves and gold mines with very low-grade ores, are exploiting unprofitable mines. The reason given by his Chinese well-connected alter ego was:

"China needs the gold to back its ...

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Posted from my blog with SteemPress : https://jlk.news/uncategorized/silver-and-the-ongoing-monetary-reform

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