Financial Sense Newshour: Experts
Kurt Wulff CFA, Independent Energy Analyst at McDep LLC, joins Jim Puplava this week to discuss the energy markets. Kurt sees opportunity in the energy stocks, which he believes are greatly undervalued. He specifically likes the oil royalty trusts, as opposed to the natural gas royalty trusts. Kurt also sees a great need to expand the pipeline infrastructure in the US to handle new oil and gas discoveries in the US and Canada.
Jim welcomes back Russell Napier, Consultant at CLSA Asia-Pacific Markets. Russell discusses China dumping US treasuries and growing signs of a private-sector liquidity squeeze in the US. Russell notes that when credit dies, deflation follows, leading to greater financial repression.
Dr. Peter Warburton: Global Inflation Working, But There Will Be a Price To Pay
Inflation has been rising globally for more than a decade
Jim is pleased to welcome back Dr. Peter Warburton, Director at Economic Perspectives Ltd in London. Peter notes that the latest economic indicators are surprisingly good, as monetary "easing" seems to be working. However, he sees a price to be paid down the road with much higher levels of inflation. Peter also believes oil will continue to rise in a slow, grinding process to the $150 a barrel range.
Jim welcomes back Bud Conrad, Chief Economist at Casey Research LLC. Bud believes the US will opt for inflation (more money-printing) as the only way to deal with its massive and compounding debt.
John Ing: $3,000 Gold in 2012 Not As Far-Fetched As You Would Think
Gold miners missing the opportunity to create shareholder value
Maison Placements Canada Inc. CEO John Ing joins Jim this week to discuss gold. John believes that gold could reach $3,000 oz. this year, particularly if events in Europe or the Middle East erupt into crisis. John also discusses the potential of precious metals producers paying dividends in gold and silver.
Economist David Rosenberg: US Recovery At Risk
Rosenberg favors gold, hard assets, high-dividend stocks and corporate bonds
Jim is pleased to welcome back David Rosenberg, Chief Economist & Strategist at Gluskin Sheff & Associates in Toronto. David believes the US recovery is at risk due to three potential sources: rising oil prices, a possible European recession, and major tax hikes in the US. David favors the Canadian and Australian currencies, as well as gold, hard assets, high-dividend stocks, corporate bonds and basic necessities.
Jim welcomes Eoin Treacy, Global Strategist at Fullermoney.com in London this week for a global-macro discussion. Eoin sees a renaissance in US energy production with the recent massive natural gas discoveries. He also sees the bull market in stocks lasting for at least another year, and believes that China will be able to engineer a soft landing for its economy and avoid a crash.
Dr. Colin Campbell on Global Oil Production: “Playing With Fire”
There is very little spare oil capacity left in the world
Jim welcomes back geologist and Peak Oil pioneer Dr. Colin Campbell to discuss the global energy situation. He believes that oil insiders around the world know Peak Oil has arrived, but don’t want to alarm consumers and shareholders with the truth. Unfortunately for those weary of high gas prices, Dr. Campbell sees this as just the beginning of much higher prices. (Transcript included)
Bill Powers: Iran and Middle East Tensions Driving Energy Prices Higher
Royalty trusts represent the best value in energy
Jim is pleased to have Bill Powers, editor of Powers Energy Investor on the program this week. Bill believes a combination of Middle East tensions and central bank money-printing will drive energy prices higher. Bill sees oil stocks as undervalued, with the royalty trusts representing the best value in the sector.
Greg Weldon: Japan the Next Crisis Headline as Trillions in Sovereign Debt Comes Due
Global money-printing to accelerate
Jim welcomes back Greg Weldon, CEO of Weldon Financial, for another wide-ranging discussion. Greg sees Japan cranking up the money-printing in 2012, as a tsunami of sovereign debt matures in Japan. Greg is bullish on gold, as well as commodities, and sees a coming breakout in silver.