Turning Hard Times Into Good Times

Ian MacDonald will help us understand who the buyers are that are driving the price of gold higher. Is it speculators? Or is gold flowing from weak hands into the strong hands of those who seek to protect their wealth? This at a time when nations around the world are creating endless amounts of paper money in an effort to cheapen their currencies in order to gain a trade advantage against their neighbors. As James Turk has pointed out, gold follows wealth. As wealth grows in Asia and declines in the West, are there reasons to expect the Chinese and other gold-hording nations to force a move toward a gold-backed currency? Secret talks have reportedly occurred between China and France toward that end during the past year. Is it possible we will soon witness a new global monetary system that is at last partly backed by gold? If so, what might that mean for the price of gold? Answers to those and more questions will be asked of Ian.