Turning Hard Times Into Good Times

Why are Russia and China Buying Gold? Tons of it!

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Sinopsis

William Engdhal, Daniel McAdams and Michael Oliver return. America’s ruling elite, who are bent on destroying the sovereignty of nations including that of the U.S., have denounced gold ownership. Meantime, China and Russia who fight to protect their sovereignty, encourage citizens to swap currency for gold, an asset-based money. China not only imports massive amounts of gold far greater than they admit but it is now the number one gold producer in the world. Russia is the world’s second largest gold producer and it is selling its oil to China, not for dollars but for gold! Why are these two nations building their gold reserves while the NATO countries are getting rid of theirs? We will ask William to opine on that while Daniel will speak about how America continues to display insanity by repeating failed foreign policies just as the Fed continues to repeat failed monetary policies. Michael will reveal the latest momentum readings for gold, silver, stocks and bonds.