Is The BIS Setting Up The World For Another Meltdown?

from King World News

On the heels of another wild trading week, is the Bank for International Settlements (BIS) setting up the world for another meltdown?

(King World News) Stephen Leeb: “In 2013, the Bank of International Settlements (BIS), one of the most powerful institutions you may never have heard of – blew it. It snubbed gold. I’ll explain how in a moment – contributing to gold sinking from $1,800 an ounce in October 2012 to below $1,200 by the end of June 2013, a massive 35 percent plunge in a mere eight months. The downtrend continued until the end of last year when gold briefly traded below $1,050…

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