Stephen Leeb (born July 14, 1946, in Chicago) is a money manager and investment adviser. For over 45 years, he has guided investors through newsletters, books, blogs, and appearances on financial news networks, including CNN, Fox News, NPR, and Bloomberg TV. In 2020, his insights garnered significant attention when Charlie Gasparino endorsed him for the role of Federal Reserve Chair. He is also the owner and chief investment officer of Leeb Capital Management (LCM), a New York-based wealth management firm.
Leeb’s remarkable ability to uncover intricate and often overlooked trends in macroeconomics, science, and geopolitics is truly impressive, as he skillfully delineates their investment implications and invites fresh perspectives that often challenge conventional thinking.
Dr. Leeb is Head of the Advisory Board of Leor Exploration & Production LLC, a member of the advisory boards of Electrum USA Ltd. and Sunshine Silver Mines, and a board member/managing director of the PlainSight Group, an innovation company centered at Yale University.
Dr. Leeb is the author of nine books on finance, investing, and geopolitical trends, starting with Getting in on the Ground Floor (1986) and continuing with his most recent, China’s Rise and the New Age of Gold (2020).
He has been called one of the country’s foremost financial experts by Business journalist Charlie Gasparino and one of the greatest long-term strategists of his generation by American billionaire businessman Thomas Kaplan, which can be summarized by Kaplan’s statement and foreword in Leeb’s 2012 release of Red Alert, saying, “I would caution readers to dismiss Stephen Leeb’s warnings only at their peril.”
Leeb earned a B.S. in Economics from the Wharton School of Business, a Master’s in Mathematics, and a Ph.D. in Psychology from the University of Illinois, post-degrees of which he obtained in three years.
Dr. Leeb has written nine books on macroeconomic trends, finance, and investment, including the New York Times business bestseller The Coming Economic Collapse. Likewise, the book Red Alert has been called “a much-needed shot in the arm for American complacency” by Publishers Weekly, which awarded it a silver medal at the 2012 Axiom Business Book Awards in the International Business/Globalization category. In his latest book, China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World, Leeb chronicles and analyzes global events, currency fluctuations, market forces, and economic trends that he predicts will drive a meteoric rise in the gold market.
Predictions: Dr. Leeb accurately predicted $100-a-barrel oil, the Dow’s secular rise above 4000, the collapse of the dot.com bubble, and the current bull market in precious and industrial metals. In Defying the Market, published in 1999, he also predicted that computers would be inadequate to solve the major challenges of the subsequent decade, particularly resource scarcity.
In The Coming Economic Collapse, published in 2006, Leeb wrote that a decline in nominal home prices would be “the vicious circle to end all vicious circles… It would be a far greater challenge than rescuing the economy after the tech bubble… It would take massive amounts of money. Interest rates would likely fall to zero. Government spending would need to reach unimaginably high levels.” Because of the potential consequences, Leeb argued that the Fed would prefer inflation to trying to cool an economy already stung by the deflationary effects of high oil prices. In his subsequent book, Red Alert, Leeb acknowledged he had been wrong to assume that the Federal Reserve “had the situation under control” and would “do whatever it took to assure that prices remained on an even keel.”
Leeb’s book, Red Alert, argues that the Chinese understand resource scarcity much better than the West does and, because of their accumulation of vital resources, may leave the West in a nearly untenable position within the next decade.
Leeb is bullish on gold prices. On King World News, he stated that “China, as I’ve repeatedly outlined, loves gold, is accumulating gold, and is proceeding with long-term initiatives, including a new monetary system, that will elevate gold in furtherance of China’s interests.”
In his latest book, China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World, published in 2020, Leeb chronicles and analyzes the global events, fluctuations in international currencies, market forces, and economic trends that he predicts will result in a meteoric rise in the gold market.
Books by Stephen Leeb:
China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World, with Donna Leeb (2020)
Red Alert: How China’s Growing Prosperity Threatens the American Way of Life, with Gregory Dorsey (2011)
Game Over: How You Can Prosper in a Shattered Economy, with Glen Strathy (2009)
The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel, with Glen Strathy (2006)
The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis, with Donna Leeb (2004)
Defying the Market: Profiting in the Turbulent Post-Technology Market Boom, with Donna Leeb (1999)
The Agile Investor: Profiting from the End of Buy and Hold, with Roger S. Conrad (1997)
Market Timing for the Nineties: The Five Key Signals for When to Buy, Hold and Sell, with Roger S. Conrad (1993)
Getting in on the Ground Floor: How to Make Money Now – and From Now On – in the New Bull Market, with Donna Leeb (1986)
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