Turning Hard Times Into Good Times

James Rickards, Michael Oliver and Peter Tallman return. In 1971 Richard Nixon detached gold from the dollar and through diplomacy & military might created dollar hegemony. Foreign wars and socialism could now be paid for via the dollar printing press. Politicians argued that endless trade deficits were immaterial because U.S. exceptionalism allowed America to do what it wanted. If foreign leaders refused to accept dollars for commerce as Saddam and Gaddafi did, the U.S. used its military might and CIA for regime changes. Even the strongest adversaries like China and Russia cannot compete against U.S. weapons of mass destruction, so they are increasingly engaging in currency wars of their own to protect their national sovereignty. Is the dollar in trouble as a result? If so, how will that impact your life and investments? Peter will update you on Klondike Gold's exploration of a seemingly major gold deposit in the making and Michael will update us on his latest gold momentum readings.