Turning Hard Times Into Good Times

David McAlvany, John Tumazos & Michael Oliver return. McAlvany wealth management’s view of a weaker dollar is in sync with Michael’s view of both the dollar and gold. Does David think we are close to the dollar’s demise on the world stage or is this simply a cyclical move? McAlvany not only views gold of interest but also energy & timber. Why those sectors and what characteristics is David looking for in companies in those sectors? We will ask David. John will talk to us about an Australian iron ore stock that is making huge profits and paying huge dividends as it supplies China’s insatiable demand as it builds out infrastructure around the world. Gold has had a very significant breakout above the $1,360 resistance level but does this signal a real move to much higher prices, or will the yellow metal stall out? Michael will opine.