Leeb - Expect $6 per Gallon Gas & Huge Surge in Gold & Silver

Today acclaimed money manager Stephen Leeb told King World News that investors need to prepare for $6 per gallon gasoline, instead of the $5 we are currently seeing.  Leeb also said tremendous inflation will cause gold and silver to begin a major surge to the upside which will take both of them to new highs.  Leeb is Chairman & Chief Investment Officer of Leeb Capital Management.  Here is what he had to say: “Gold rallying is a recognition that virtually every large economy in the world is reflating.  It’s a situation where a lot of money is being pumped into the financial system and every country in a race to the bottom with regards to their currencies.  Interestingly, gold is moving higher with the yen moving lower.  Of course the yen is moving lower because of aggressive Japanese monetary stimulation.”

Original source