Greg Weldon: Currency Wars and The Breakdown Of Gold
Rotation Out of Safe-Haven Assets into Equities
This Financial Sense Newshour program is available only as a premium, paid "FS Insider" release.
For advance notice of release of premium, paid "FS Insider" content or to purchase a monthly or annual subscription to "FS Insider" content, go to www.financialsense.com/subscribe.
Jim welcomes back Greg Weldon, Founder and CEO of Weldon Financial. Greg and Jim discuss a variety of topics, starting with currency wars and gold’s recent breakdown. Greg says there’s a global perception that things are improving, leading to a rotation out of safe-haven assets into equities. Greg is bearish on gold in the short term, but bullish on gold longer term. As to the currency wars, Greg sees every major country in a race to the bottom in debasing their currencies, with Japan using “rocket fuel” to weaken the Yen. The problem for central banks is they are not able to reflate their “real” economies.
About James J Puplava CFP
|04/16/2014||Kurt Wulff: The Coming Opportunities in Natural Gas||bcast|
|04/15/2014||Shareholder Value: Getting Rich Slowly||story|
|04/15/2014||Marin Katusa: Is There Hope in the Uranium Sector?||bcast|
|04/14/2014||The Lifetime Income Series: Which Retirement Assets Should You Pull First?||bcast|
|04/12/2014||Jim Puplava’s Big Picture: Mixed Messages – Crash, Correction or Recession?||bcast|
|04/12/2014||Technician Shelley Moen: Ignore All the Noise – Focus on Quality Stocks||bcast|
|04/11/2014||Pierre Lassonde: Gold Will Trend Sideways Until Inflation Rises in the U.S.||bcast|
|04/10/2014||Evelyn Browning Garriss: High Probability of an El Niño Event – Good News for Farmers and Californians||bcast|
|04/09/2014||Robert Rapier: Natural Gas – The Next Big Thing||bcast|
|04/08/2014||Michael Morrison: Big Data – A Blessing and a Curse||bcast|