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Published on Gold Anti-Trust Action Committee (http://www.gata.org)

Stephen Leeb: The gold-based monetary system is on its way

By cpowell
Created 2018-02-28 01:04

8:04p ET Tuesday, February 27, 2018

Dear Friend of GATA and Gold:

Fund manager Stephen Leeb, in commentary posted tonight at King World News, argues that the forthcoming "petro-yuan" will not turn the Chinese currency into the next world reserve currency but rather will hasten a new reserve currency that is a basket of currencies including gold. Leeb's commentary is headlined "This Gold Takedown is B.S. Because the Gold-Based Monetary System Is on Its Way" and it's posted at KWN here:

https://kingworldnews.com/this-gold-takedown-is-bs-the-gold-based-moneta... [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org [2]


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