Turning Hard Times Into Good Times

Alasdair Macleod and Michael Oliver return. As China seeks to grow its economy through trade and a sound gold-based monetary system, America keeps its economic heart beating by creating constant wars and economic crisis that drive international capital back to “safe haven” U.S. Treasuries. How much longer can the heart of an insolvent U.S. empire continue to beat given its massive debt, depletion of gold reserves, the reversal of foreign capital out of Treasuries, a dwindling social security trust fund and the absence of QE from the Fed? What happens to the dollar and the price of gold when the only politically viable policy is to engage in a hyperinflation of the dollar even as China expands its economy and global influence through trade and a currency with massive gold backing? Those and more questions will be put to Alasdair. Michael will provide his latest technically-based views on key markets. Your host will note some of his top junior gold share picks as well.