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Welcome to Part 2!
We have with us Dr. Stephen Leeb, New York Times best-selling author, investment advisor, and money manager. In the last episode, we discussed the rise of China and how it could introduce gold backed digital currency. Could this transition be a catalyst for the gold to rise up to $15000 per ounce?
If you haven’t watched part 1 here’s the link: https://youtu.be/VNSyGcmslN0
Coming up in this episode:
Is a gold backed digital currency on the cards, and Is China leading the way to introduce this digital currency?
Will the wealth gap between rich and poor continue to widen?
Is the call for monetary discipline going to come from a communist country?
Will other countries follow China in launching gold backed digital currencies?
Why exactly Dr. Stephen Leeb feels that gold could go up to $15,000?
What is the logic behind this estimation?
Is gold at $15,000 still cheap?!
Find out more about Dr. Stephen Leeb only on: https://www.stephenleeb.com/
00:00- Introduction
00:40- China’s Digital Currency
07:13- Wealth Gap
09:00- Monetary Discipline
10:16- Basket of Currencies backed by Gold
13:08- Logic behind Gold to $15,000
20:44- Wrap
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