Turning Hard Times Into Good Times

Alasdair Macleod, Michael Hudson and Michael Oliver return. Alasdair argues that a dollar collapse is likely to occur by the end of 2020 taking all the synchronized western economies and their currencies down with it. With a dollar collapse China’s interest will shift from supporting dollar strength to owning the world's reserve currency. But that will require China to back the renminbi with gold. It can easily do so given the vast supplies it has accumulated over the past several decades. With a dollar decline not only gold but copper and silver will also gain value so that the massive copper-silver deposit in Peru being explored by M. Hudson's Hannan Metals may become extremely valuable. He will elaborate. M. Oliver will share his usual prescient insights on the debt, equity, gold and commodity markets.