Why buy gold........part of an article by Stephen LeebThe bottom line is there is an inevitability of monetary hegemony and economic hegemony by the East, in which China will play the lead role, and an inevitability to a gold standard. This is one of the reasons why Greece does not mind becoming independent because they know they can become part of a currency that is backed by gold.
The Road To $19,000 Gold
And you are seeing the U.S. push back but they have failed to stop the Chinese from having a major role in the coming IMF SDR. This is why people need to own gold. I have previously told you that gold should be trading at $19,000 by my calculations. It may take 5 – 7 years for gold to hit that level but in the meantime it is on sale in a big way and people should be buying as much physical gold as they possibly can.” ***KWN will be releasing more written interviews with Nomi Prins