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There Is Outright Panic & Liquidation Now Taking Place - Leeb

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King World News

On the heels of continued chaos in global markets, today acclaimed money manager Stephen Leeb told King World News there is outright panic and liquidation nowtaking place.  Leeb also told KWN the Chinese are going to get extremely aggressive in the physical gold market because they believe the price is way too cheap. 

Leeb:  “I’m trying to focus on the reasons for the collapse, not only in gold and silver, but most of the stock markets across the globe.  A lot of investors read Bernanke’s comments about ending QE, if certain economic conditions were achieved, as a reason to liquidate. 

 

Investors firmly believe that the end of QE is like cutting the floor out from underneath the stock market.  At the same time, China has decided to curb a lot of bad investments in their economy….

“There is hell to pay right now, but in the long-run I think this will be very good for China.

 

So when you combine what just happened with Bernanke and what is taking place in China, it has created a massive liquidation in global markets.  People read China is imploding and Bernanke is going to taper back on QE and now you’ve got a full-fledged panic going on.

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    Total 4 comments
    • wizard

      You are controlled by FEAR

      • StormyB4

        that may be true, but its still the reality we live in. If you aren’t prepared, then you should be fearful….

    • Cletis

      THE 2008 ‘COLLAPSE’,we are now learning, was a manipulated process of asset reduction.

      We are mere pawns. Our Pensions and savings are obviously “UP FOR GRABS” (see Cyprus)

      Why are we so excited about this latest engineered scenario?

      All of this is media hype.

      We in the “targeted” class must now accept the facts and prepare to look after our families futures.

      Batten down the hatches, and prepare.

    • Anonymous

      They KNOW the U.S., Russia, China and dozens of other nations are going to all announce Planet X/Nibiru is real and has been in the INNER solar system, between the earth and the sun, for years.

      That announcement is more than likely going to happen before September 2013. So the wealthy and power elites who have known the truth about Planet X and now know the official announcement (framed as a scientific discovery but covered up since 1983 when the U.S. located it) also are getting out of certain assets before the common man also knows Planet X is real, coastal properties are almost all going to underwater before the crustal pole shift Planet X will cause (there are safe locations but NOT underground!), etc.

      These highly selfish and childish people are only interested in preparing to save their own skins. You simply do not matter except for slave labor. The last thing they want is for the announcement to happen which is why two attempts by Obama to announce Nibiru were stopped and some are trying to kill Obama. This is all explained in ZetaTalk.com.

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