Silver Super Spike On The Horizon
Today one of the top money managers in the world, Dr. Stephen Leeb told King World News that the price of silver will shock investors by skyrocketing to $200-$300.
November 23 (King World News) – Stephen Leeb: “When you talk about silver, right now we have to increase the amount of solar energy we are producing worldwide each year by five-fold. If you increase solar production by five-fold, you are going to have to increase the silver production for photovoltaics by five-fold. I don’t see how we are going to do that. I just don’t see it. Right now silver is in deficit. The only reason we are not seeing the deficit show up in the price is that there is a lot of silver stored above ground in China. China has a massive amount of silver stored. But when we use up those stores of silver, who knows where the price of silver could go — $200, $300? Certainly triple digits.
Biography of Dr. Stephen Leeb
Chairman and Chief Investment Officer of Leeb Capital Management
Dr. Stephen Leeb is a recognized authority on the stock market, macroeconomic trends and commodities, especially oil and precious metals.
As Chairman and Chief Investment Officer of Leeb Capital Management, a registered investment advisor, Dr. Leeb has been managing big cap growth portfolios since 1999. Over the last decade, his independently-verified performance record has been ranked in the top 5 percent among peers according to Informa’s PSN manager database.
Dr. Leeb is also founder of the Leeb Group, which publishes a line of financial newsletters including The Complete Investor, Leeb’s Income Performance Letter, Leeb’s Real World Investing e-letter, and Leeb’s Aggressive Trader, Leeb’s Million Dollar Portfolio and Leeb’s ETF World Alert e-letter. His total readership exceeds 250,000. The Complete Investor newsletter has earned two awards for Editorial Excellence.
Dr. Leeb sits on various boards sharing his strategic perspectives on financial markets and natural resources. Since 2008, Dr. Leeb has been a Director of Plain Sight Systems, a technology holding company centered at Yale University. Plain Sight owns a world-class patent portfolio in areas such as information organization/search, computational analytics, electro-optics, and spectroscopy. These technologies are licensed to Fortune 500 companies and used as part of private buyouts and venture spin-offs.
AUTHOR…INVESTMENT ADVISER…MONEY MANAGER
Stephen Leeb is a prolific author, investment adviser, and money manager who has been analyzing financial markets for more than 40 years. He is known for his prescience in connecting the dots among hidden or overlooked trends – macroeconomic, scientific, and geopolitical – and accurately describing the investment implications, often going against the conventional wisdom. He is the author of nine books on investing and geopolitical trends including his most recent book, China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World (2020, McGraw-Hill Education). He is founder and editor of the award-winning investment letter The Complete Investor, published by Capitol Information Group, a Washington, D.C.-based financial publisher. Stephen is chief investment officer of his own wealth management firm based in New York City.