Silver as an investment

Chinese Gold-Backed Currency To Be Unveiled As This Major Market Surges

Chinese Gold-Backed Currency To Be Unveiled As This Major Market Surges

kingworldnews.com /

Today one of the top money managers in the world told King World News that the Chinese will unveil a gold-backed currency as this major market surges…

Stephen Leeb:  “As we approach the end of July, gold has eked out a 2 percent gain for the month. Not bad, but considerably below the 8 percent gains in commodities like oil and copper. The point, however, is that trends in all commodities are linked to each other and to gold (which is both a commodity and a currency-in-waiting). I like all commodities here, and that’s a big reason for liking gold – which, as I said in last week’s interview, has likely bottomed as China’s financial markets have become more open and transparent…

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