Turning Hard Times Into Good Times

Alasdair Macleod and Michael Oliver return. Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. What does that mean for the legitimacy of a U.S. dollar based not on gold but on a vibrant Saudi Arabia that demands all OPEC nations pay for oil sales in dollars? What if Saudi Arabia finds better “friends” like China or India or a gold-backed international currency to satisfy its own economic needs? Those questions and more will be asked of Alasdair. Michael Oliver’s whose market “plate tectonic shifts” are now coming into focus will update us on what his momentum work is telling him about stocks, bonds, commodities and precious metals at a time when the markets appear to on the precipice of dramatic change.