LinkedIn/Stephen Leeb/3-23-2022

“Do not trust the paper price being quoted for commodities. Evidence of resource scarcities is pervasive and can be seen on a chart of nearly any commodity. The commodity indexes I pay most attention to are spot indexes that report on actual prices paid by end-users. These are a better guide to what is going on than paper and future prices, which are subject to speculation and even manipulation.”

USAGOLD note: Leeb ends by saying that the best thing you can do for yourself right now is to buy protection and that means investing in gold and silver.

Gold and the CRB Index
(One year)

Chart courtesy of TradingEconomics.com