Dr. Leeb points to possible inflection points emanating from Ukraine and or Greece. A Grexit could result in a an entirely new system, perhaps a Bretton Wood part 2. The argument that the domestic economy is in full recovery mode is a non sequitur. Gold ETFs are reporting the largest monthly inflows in years, hinting at an increased affinity by retail investors. The precious metals market has likely found a floor, $1,100 should hold until the bull market resumes around 2016-17.
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