Turning Hard Times Into Good Times

Dan Oliver, Dr. Quinton Hennigh and Michael Oliver return as guests. The dollar system was founded at Bretton Woods and rests on three pillars: American military supremacy, American financial hegemony, and American economic prowess. Russia and China are challenging the first, a new Eastern trading block and the euro challenge the second, and America's debt problem weakens the third. We will ask Dan to discuss each of these issues and provide a prediction of what those threats might mean to the dollar hegemony and by extension to gold priced in dollars. Quinton will update us on exploration and development progress being made By Novo Resources on three gold projects across Novo’s massive claims in Western Australia. Michael will tell us why despite gold’s recent lackluster price performance of gold shares as revealed in GDX is pointing toward a major upward move for gold stocks.