Turning Hard Times Into Good Times

Alasdair Macleod, Michael Oliver and Dr. Quinton Hennigh return. For investors there may be few questions more important than the one Alasdair has attempted to answer in his Goldmoney.com essay. When the next credit crisis hits, most asset prices are likely to decline dramatically in value. Which ones are most vulnerable and which assets can be expected to benefit? Hint. Gold fell from a monthly average price of $964.42 in March 2008 to $758.04 in Nov. 2008. But from there it rose to a monthly average of $1,771.38 in Sept. 2011. Gold shares of companies that made successful discoveries during that bull market rose dramatically higher which is why we will seek an answer from Quinton regarding the latest developments for Novo Resources. Alasdair will be quizzed on when he thinks the next credit crisis will occur and the logic behind his view. And as usual, Michael will help us get a reading on the pulse of the most important markets we follow.