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by Chris Waltzek
GoldSeek Radio
Professed Americanophiles, Dr. Leeb and the host discuss the opportunity for every nation to extend friendship, embrace and glean pearls of wisdom from the second largest economic powerhouse, China to garner synergies across this national borders. Dr. Leeb applauds China’s initiative, in particular the recent 2015 stock market crash of 30% in only 3 weeks was offset via swift intervention on the part of officials (companies were allowed to halt share trading, and certain short selling was banned, etc..). The host agrees with Dr. Leeb’s stance on gold backed currencies – it is an inevitability that price will adjust to reflect the true intrinsic value at an astronomically higher price, reflecting the enormous paper money scheme.
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