Turning Hard Times Into Good Times

Axel Merk and Michael Oliver return. Axel will say why the dollar is overvalued relative to the Euro despite the increasingly likely outcome of a Greek default. Will a Greek default cause banks to take money from depositors as Cyprus did? If so, will that drive Greek citizens and others out of the banking system into gold as James Turk suggests? Those and many more questions relating to how we can best protect ourselves in an increasingly chaotic world will be asked of Axel. The largest bubble in the history of the world is the sovereign debt bubble. Now finally, there are signs that the U.S. Treasury bull market that started in 1981 may be nearing an end. If so, this would be one major tectonic shift in the global markets and could spell the next major leg up for gold and other tangibles. Oliver will share his insights into both the U.S. Treasury market and gold. Your host will share his latest thoughts on his favorite gold exploration stock, namely Novo Resources.