Leeb has written eight books on macroeconomic trends, finance and investment, including the New York Times business bestseller The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel. Leeb's earlier book Defying the Market, which predicted the dot.com bubble's collapse, was named one of the best business books of 1999 by the Library Journal. His most recent book, titled Red Alert, has been called “a much needed shot in the arm for American complacency” by Publishers Weekly. Red Alert was awarded the 2012 Axiom Business Book Awards silver medal in the International Business/Globalization category. Leeb is Head of the Advisory Board of Leor Exploration & Production LLC and a member of the advisory boards of Electrum USA Ltd. and Sunshine Silver Mines. Both companies explore for natural resources, especially precious metals and energy. In 2007 Leor sold assets to Canadian-based Encana Cp. for over $2.5 billion. He is also a member of the board and managing director of the PlainSight Group, an innovation company centered at Yale University. Leeb currently heads the Leeb Group, a publisher of investment newsletters and services including The Complete Investor ; Leeb’s Real World Investing ; and The Cash Cow. The Complete Investor was named the best financial/investing newsletter by the Software and Information Industry Association in the 2013 SIPAwards Competition.
Predictions
Leeb accurately predicted $100-a-barrel oil, the Dow’s secular rise above 4000, the collapse of the dot.com bubble, and the current bull market in precious and industrial metals. In Defying the Market, published in 1999, he also predicted the inadequacy of computers for solving the major challenges of the subsequent decade, in particular resource scarcity. In The Coming Economic Collapse, published in 2006, Leeb wrote that a decline in nominal home prices would be “the vicious circle to end all vicious circles……..It would be a far greater challenge than rescuing the economy in the wake of the tech bubble... It would take massive amounts of money. Interest rates would likely fall to zero. Government spending would need to reach unimaginably high levels.” Because of the potential consequences Leeb argued the Fed would prefer inflation rather than trying to cool an economy already stung by deflationary effects of high oil. In his subsequent book Red Alert, Leeb acknowledged he had been wrong to assume that the Federal Reserve "had the situation under control" and would "do whatever it took to assure that prices remained on an even keel." Leeb's most recent book Red Alert argues that the Chinese understand the issue of resource scarcity much better than the West and as a result of their accumulation of vital resources may leave the West in a nearly untenable position within the next decade. Leeb is bullish on the price of gold. On King World News, he stated that "China, as I’ve repeatedly outlined, loves gold, is accumulating gold, and is proceeding with long-term initiatives, including a new monetary system, that will elevate gold in furtherance of China’s own interests".
Books
Red Alert: How China's Growing Prosperity Threatens the American Way of Life, with Gregory Dorsey
Game Over: How You Can Prosper in a Shattered Economy
The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel, with Glen Strathy
The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis , with Donna Leeb
Defying the Market: Profiting in the Turbulent Post-Technology Market Boom, with Donna Leeb
The Agile Investor: Profiting from the End of Buy and Hold, with Roger S. Conrad
Market Timing for the Nineties: The Five Key Signals for When to Buy, Hold and Sell, with Roger S. Conrad
