Turning Hard Times Into Good Times

Investing in 2016. Should We Give Up on Gold?

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Sinopsis

Alasdair MacLeod and Chen Lin return. The Chinese, Indians and Russians have been importing massive amounts of gold, yet its price in dollars continues lower due to massive manipulation by major bullion banks. Americans have been taught to hate gold and revere fraudulent fiat money, backed by nothing other than U.S. military force. But the Chinese are using gold rather than dollars to buy oil from Russia. At the same time, total international trade denominated in dollars is shrinking for the first time since the Great Depression. And the velocity of money is in decline as in the 1930s. As we enter a global recession, what will all this mean for gold in 2016? Is it time to give up on gold and declare an anti-free market, fraudulent Fed and the military industrial complex winners? Or might gold bounce back in 2016? Regardless, Chen will share some profit making ideas in biotech companies moving toward a cure for cancer and other diseases and opportunities in the energy sector.