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Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist?

Larry you asked an interesting question I quote " If Gold is supposed to be universally considered to be a Safe Haven, then I am curious as to why Gold is not $1500 an ounce now?.

the answer is the same as where is the high inflation,
Let's say that with all the banking system witholding cash and China (not openly) buying gold, the gold price is limited as well but because of shortage of available cash.
Can you imagine if China would say openly that they do not trust us (US) any longer?
Rusia and Brazil are reducing their stakes in the dollar
We are in a historical breaking point.
The whole finantial system is in crisis, the global trust in their own gubernamental institutions (financially speaking) is in crisis because of transparency and there is no one currency that has the universal exchangeability as gold. and gold is and would the only one universal reference.

A Butterfly's Wings in China: How Chaos Theory Affects the U.S. Market

Dear Joseph,

I like what you write but, what you recommend , what is the pattern that you discover that is not randomly driven?

Joseph , There is a global fracture between goverment and people
The ( global ) goverment have printing paranoia, information manipulation obsesion and the total untrustfulness from thier governmees.and because of that the only reference (historical and realistic) is gold.
you cannot print it, you have it or not.

You will see how the common people will ask and price in gold or a reference that is not manipulated by the goverments of the world.

no one likes unvalued money for his/ her services

Are you holding tjhe same dollars that the strip club guys are paying for dancing on the table?This dollars are as cheap as their ink and paper.

Country ETFs Overbought

The assumption of overbuying requires that the buyers go back to the dollar but I do not necessary believe that the buyers would back to the dollar. for instance, me.
Perhaps we are observing that the market do not expect the dollar to increase in valuation.
Perhaps this tendency shows that dolar is falling down and the buyers prefer other currency instead.
Like naufrages in the sea , people look for anything that float , whatever, in this chaotic market,

As a conclusion, I would say "BE CAUTIOUS". we are in unchattered waters.

How Cheap Are Gold Stocks Relative to Bullion?

very professional article. I enjoy it very much.
So far, it is not clear to me what happened in NovaGold at Galore Creek. It looks like that they have miscalculated production costs rather rising production costs . NG has changed management and they will produce gold in 2Q (I wish).