Turning Hard Times Into Good Times

Hour 2: On the Verge of Lehman Brothers II? What are the Odds?

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Sinopsis

Ian McAvity joins me once again for his candid and very independent view of the markets. No one is better equipped as a technical analyst to give us a view of the global economic landscape from 34,000 ft. up. Formerly a frequent guest of Wall Street Week and founder of two solid, legitimate precious metals funds, this veteran Canadian analyst has no axe to grind with respect to which way the markets move. Ian provides some great economic stats, but since markets lead the economy, we will ask him what he sees that convinces causes him to worry that Dow 8500/8200 could be in the cards by Aug/Sept. of this year. Also joining us again will be deflationist money manager Gijsbert Groenewegen, who also is very bearish on the U.S. equity markets. Gijsbert is also a gold-bug deflationist. Gregory Beischer, whose Millrock Resources is in the hunt for gold and copper, and Larry Reaugh, who has found an enormous supply of manganese in Arizona, will also update us on their projects.