Financial Sense Newshour Guest Expert Interviews

Jim is pleased to welcome back Louis-Vincent Gave, CEO at GaveKal Research in Hong Kong. Louis believes that Greece will ultimately exit the Euro, and the ECB will then ease massively to stem the tide of bank runs in other at-risk European countries. He sees opportunities in US blue chip stocks.

Jim is pleased to welcome back CNBC’s Rick Santelli to discuss how many large states such as California and Illinois are increasing both deficit-spending and taxes, driving out job creators to more business and tax-friendly states. Rick notes that if the light bulbs don’t come on soon for many state legislatures, the lights of commerce will continue to go off, or move to a more welcoming state.

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Jim welcomes back David Morgan to discuss the metals markets. David believes we have seen the bottom in gold stocks, or are very near the bottom. He believes investors must now decide the amount they wish to invest, and then focus on what to buy. David also discusses the battle between the paper and physical markets, and how the paper market is losing the battle.

Jim welcomes back Brian Pretti this week to discuss three major macro events that could move the markets in June. The Federal Reserve could announce the next round of QE, the Greek elections could change the political landscape in Europe and the Supreme Court decision on health care legislation could impact the elections in November.

Jim is pleased to welcome Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. Steve and Jim discuss a number of important topics, from a new gold standard, to tax reform, to Ben Bernanke and the Federal Reserve. Steve believes the only way out of the mess we are in is a return to free markets and true capitalism. The combination of a low-tax system and a gold-backed currency worked well for much of our history, and Mr. Forbes believes we must return to those basic policies.

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Jim welcomes back Joe Dancy to discuss the energy markets. Joe sees the completion of new pipeline projects in Texas narrowing the spread between WTIC and Brent crude, which could lead to price hikes in gasoline prices. Joe also expects crude oil and food prices to remain highly correlated, and up-trending over the next several years, which should be a very positive environment for companies in both sectors.

Jim welcomes Jeremy Gray, Managing Director and Head of Global Resources at Standard Chartered Bank. Jeremy is looking for a squeeze in the resource shares after the recent 3-month underperformance. He finds that gold shares look especially attractive for a major bounce. Jeremy also sees China playing a major role in future gold consumption, as both its central bank and vast populace continue to buy physical gold for a variety of reasons.

Ned Schmidt CFA, Publisher of The Value View Gold Report joins Jim this week to discuss the gold market. He sees the long term bull market still intact, but short-term weakness and volatility this summer. Ned believes you should calmly begin to identify what you want to own, and before the end of the summer, pull the trigger. In addition, when Jim Cramer says it’s time to dump gold, that’s the signal to start buying.

Jim is pleased to welcome back Dr. Jim Walker, Founder and Managing Director at Asianomics Limited in Hong Kong. Walker sees a likely hard landing for China, and severe trouble ahead for Europe. He also believes that gold will not react until after the November presidential elections, when the fiscal realities of 2013 take center stage.

Jim welcomes Barry B. Bannister CFA, Managing Director at Stifel Nicolaus, to discuss the US equity outlook and the global macro environoment. Barry also discusses the Four Major Mistakes investors are making in today’s investment environment.

Nick Barisheff, CEO at Bullion Management Group Inc., joins Jim again this week. Nick believes gold fundamentals are still intact and gold will eventually take out the previous highs. Nick notes none of the problems have gone away, and sovereign solvency risk is growing, despite the current complacency both in the US and Europe.

Jim welcomes back John Williams from Shadow Government Statistics. John believes the real unemployment rate is 22%, not 8.1%, which is why it still feels like a recession. He also calculates the CPI at 6%, not 2.8%, and explains how the government manipulates the rate of inflation. Lastly, John believes the US is still on track for hyperinflation in 2014 as we near the coming fiscal cliff.

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Jim welcomes back Ronald Stoeferle CMT, from Erste Group Bank in Austria. In his recent oil report "Nothing To Spare" Ronald notes OPEC spare capacity is virtually non-existent and we have reached a peak in conventional oil production. He also sees the "Petro Dollar" system losing its influence, as some countries begin to buy Middle Eastern oil in other currencies.

Jim welcomes back Kurt Wulff CFA, independent energy analyst at McDep LLC. Kurt sees the oil markets tightening, as OPEC has run out of spare capacity. He also expects natural gas prices to rise like oil did in 2009, as natural gas operators cap unprofitable wells. Lastly, Kurt discusses four energy stocks he currently sees as attractive values.

Jim welcomes back Brent Cook, Geologist, Exploration Analyst and author of Exploration Insights. Brent discusses what he looks for in a junior mining company, and what other companies are looking for in assessing possible junior acquisition candidates. Brent also discusses the washed out nature of the market, and how recovery will take time.

Jim is pleased to welcome Michael Kantrowitz, Director−Portfolio Strategy & Quantitative Research for Wolfe Trahan in New York. Michael maintains his conviction of further expansion ahead based on declining inflation, early cyclical stocks outperforming, improved money velocity, improvement in ZEW surveys and rising earnings. He also sees gasoline prices as set to decline.

Jim welcomes Charles Biderman, Founder & CEO at TrimTabs Investment Research. Charles explains how totally ignorant the media is when it comes to reporting economic numbers put out by the US government, and how those numbers are woefully untimely (ignoring available real time data) and subject to manipulation.

Jim is pleased to welcome back Rick Rule, founder of Global Resource Investments Ltd. Rick discusses the reasons behind the correction in the gold market, why selected gold stocks represent a golden opportunity, as well as the ideal junior take-out candidate.

Jim welcomes back Bud Conrad, Chief Economist at Casey Research. Bud sees large and growing demands for credit from the federal government, which will require the Fed to continue to create a large and growing supply. This will lead to debasement of the dollar, higher inflation, and higher interest rates, all long-term negatives for the US economy. As government debt grows, the interest to be paid grows as well. If rates rise, the scenario becomes much worse.

In a riveting interview on the banking industry, Christopher Whalen, Senior Managing Director of Tangent Capital Partners in New York joins Jim to discuss the fallacy of "too big to fail," conflicts of interest in the derivatives markets, problems with the 2005 bankruptcy laws, and why politicians let MF Global investors get taken.

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Jim welcomes back Chris Nelder to discuss the recent IEA report on global oil production. Chris sees a growing danger zone as Saudi Arabian production decreases, as well as global spare capacity, while demand for oil continues to grow as the global economy recovers.

Jim is pleased to welcome Jim Rickards, Senior Managing Director at Tangent Capital Partners LLC and author of "Currency Wars." They discuss Rickards’ Senate Banking Subcommittee testimony on the problem of the Fed’s Zero Rate policy and the significant impact on retirement income security.

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Jim welcomes back Axel Merk, founder of Merk Investments LLC, to discuss the ongoing battle between inflationary and deflationary forces in the global economy. Axel believes that despite deleveraging in many areas, the path of least resistance leads to inflation in the future.

Jim is pleased to welcome back Kirk Sorensen, a leading proponent for liquid-fluoride thorium reactor technology, to discuss the growing thorium movement around the globe. Kirk notes that thorium has 10,000 times more energy density than coal, as well as providing growing applications in the medical field. The Chinese are clearly the leaders in developing thorium reactors, with the United Kingdom looking at the potential of thorium to replace coal as a domestic energy source. The US invented the technology, but is not among the global leaders in thorium reactor development.

Jim welcomes back Jeffrey Saut, Managing Director of Research at Raymond James Financial. Jeff believes that stocks are still the best game in town. His mantra for this year is "you can get cautious, but do not get bearish."

CPM Group's Gold Yearbook 2012 is the most comprehensive source of information, statistics, and analysis on the international gold market. The report begins with a thorough review of gold market trends and fundamentals. It continues by assessing the impact of economic and financial market trends on the gold market. The Yearbook concludes with an in-depth analysis of each gold market segment, including mine production, secondary recovery, bullion and futures market activity, central bank holdings and transactions, fabrication demand, investment demand, prices, and other important aspects of the gold market.

Jim is pleased to welcome back Evelyn Browning Garriss, editor of The Browning Newsletter. She details some changing weather patterns ahead, including the possible return of the El Niño effect in North America. For those concerned about the Mayan prophecy this year, see accommodates with predictions of tornados and locusts.

Jim welcomes Bill Powers, Editor of the Powers Energy Investor newsletter. Bill sees expansion of pipelines in Texas to the Gulf of Mexico as helping ease pressure on gasoline prices. Bill is also positive on energy equities, as he sees continuing Quantitative Easing from the Federal Reserve directing money into hard assets such as energy-related companies.

Jim is pleased to welcome back technician Frank Barbera this week. Frank sees the gold stocks as massively bottomed out, and believes this is the time to muster the courage and step to the plate. Ryan Puplava gives his weekly Market Update and Rob Bernard has the Fixed Income Report.

Jim welcomes back Dr. Marc Faber of the Gloom, Boom & Doom Report this week. Dr. Faber believes shorting the markets can be a risky proposition when the global central banks will print money at the drop of a hat. He believes it is very important to stay diversified in this environment. Dr. Faber recommends dividend-paying stocks, gold, emerging market stocks and real estate. (Transcript Included)

Jim is pleased to welcome back Eoin Treacy, Global Strategist from FullerMoney.com in London. Eoin believes blue-chip dividend-paying companies with global franchises make sense in today’s low interest rate environment and are still undervalued. He is also bullish longer-term on these companies due to their ready access to the growing middle-class in emerging markets around the globe.

Jim welcomes back Brian Pretti this week to discuss the outlook for the balance of 2012. Brian notes the year-over-year numbers are positive, but decreasing. Things feel better in the economy, but it’s hard to determine if they will last.

Jim is pleased to welcome back Grant Williams, Portfolio and Strategy Advisor for Vulpes Investment Management in Singapore and writer of the popular (and free) investment blog 'Things That Make You Go Hmmm...' This week Jim and Grant discuss oil, interest rates and China. Grant is watching the bond market closely, and says when the bubble finally pops, nothing will be able to stop it.

Jim is pleased to welcome back David Morgan this week. David discusses why the silver stocks are undervalued, as well as what could be the next trend in dividends, payment in physical precious metals.

Jim welcomes Michael Lewitt, editor of The Credit Strategist this week. Michael believes Europe is still a mess, and will continue to print money. He also believes the US is on a dangerous path with the government’s "deeply flawed" tax and anti-growth policy proposals. Finally, Michael believes investors have no business owning Treasuries at this time.

Ned Schmidt CFA, publisher of the Value View Gold Report, sees gold going through a normal corrective phase. He advises investors to just relax and build some cash. Ned believes the year-over-year comparisons for the gold companies will be poor, which will lead to better buying opportunities in the summer.

Jim welcomes back Joe Dancy to discuss the energy sector. Joe notes the recent IEA report citing shrinking spare capacity in OPEC countries, as well as recent unrest in Sudan, Libya, Syria, Nigeria and Yemen leading to supply disruptions.

Jim Puplava welcomes back legendary investor, author and commentator Jim Rogers. Rogers believes the US is one of the better places to invest this year. However, he is very concerned about 2013 and 2014, as he sees higher taxes and inflation taking a heavy toll. Rogers sees the commodity bull market continuing in either a strong or weak global economy.

Jim is joined this week by Robert Prechter, President of Elliott Wave International. Robert sees signs of a potential credit implosion, with borrowing and spending contractions in many foreign countries, as well as in US states and municipalities. He believes that the commercial bank "lending machine" is out of order, and the investment bank "leveraging machine" is at risk.

Jim welcomes Erik Townsend, a software entrepreneur and expatriate living abroad. In a riveting and thought-provoking interview, Erik discusses why he left the US and offers some interesting areas to consider overseas, but cautions there are no perfect locations. The USA of his youth no longer exists, neither in the US nor overseas. Erik sees many perils ahead, but opportunities as well.

Jim welcomes economist John Williams, Executive Editor at Shadow Government Statistics. John discusses how we face a "devil’s choice" between inflation and deflation, and why he believes that hyperinflation is inevitable by 2014.

Jim welcomes back Martin Armstrong of ArmstrongEconomics.com. Martin believes "capital knows something is wrong" and we’re past the tipping point of the debt crisis. He sees the crisis rotating from Europe to Japan and finally reaching the US, with devastating results. As to gold, he believes the best thing for gold would be a correction this year and a healthy period of consolidation, setting the stage for a launch higher as the debt crisis worsens.

Jim welcomes Michael O'Higgins, author of the best-selling book "Beating The Dow," and founder of O'Higgins Asset Management. Michael sees gold eventually reaching a 1-to-1 ratio with the Dow Jones Index. He is currently 40% invested in stocks, mostly in Europe and Russia. He still owns some bonds, prefers platinum over gold and stresses diversification in this very unpredictable market.

Jim welcomes back John Doody PhD, editor of the Gold Stock Analyst. John discusses the recent weakness in the gold stocks and sees opportunity in today’s market. He notes three factors that determine value when investing in a gold stock.

Jim welcomes back Neil Howe, founder of Life Course Associates. Jim and Neil cover a number of topics including the generational reaction to the recent "anti-piracy" legislation (SOPA) introduced in Congress, and a recent study citing the generational differences in workforce values and attitudes, and how they may pose challenges for businesses and organizations.

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.

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.

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.

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.

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)

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.

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.

Jim welcomes back former United States Senator Alan Simpson to the program. Mr. Simpson sees the spiraling debt and trillion-dollar budget deficits as a problem that must be solved, or America’s finished. His message: "Wake up America!" (CLICK HERE FOR TRANSCRIPT)

Jim is pleased to welcome back Silver Wheaton CEO Randy Smallwood this week. Randy believes that investor demand is the key to the silver story, and the gold/silver ratio will shift to favor silver. In terms of Silver Wheaton, Randy expects growth in silver production to advance by 70% and the dividend payout to triple by the fourth quarter of this year. (CLICK HERE FOR TRANSCRIPT)

Jim is joined by Axel Merk, Founder and Portfolio Manager at Merk Investments LLC. Axel sees the Federal Reserve and the ECB continuing to print money in staggering amounts, which bodes well for gold.

Jim is pleased to welcome Caesar Bryan, Portfolio Manager of the Gabelli Gold Fund back to the program. Caesar notes that if one of the major base-metal companies were to make an acquisition in the gold space, it would be a major catalyst for the gold sector.

Jim welcomes Charles Oliver, Senior Portfolio Manager of the Sprott Gold & Precious Minerals Fund to the program. Charles views gold stocks as unloved, under-owned, undervalued and believes the sector is ready to launch higher.

Jim is pleased to welcome back Nick Barisheff, CEO at Bullion Management Group Inc. Nick and Jim discuss the gold market and Nick explains why a gold price of $10,000 oz. may eventually be conservative. He also explains why gold ETF’s are good for trading, but for ownership, you want the real McCoy; physical gold.

Jim welcomes back Evelyn Browning Garriss of the Browning Newsletter. Evelyn sees a continuation of the drought conditions in southern sections of the US and China. Evelyn notes the weather ahead may present problems for spring planting and challenges for Western water supplies this summer.

In part two of Jim’s interview with Felix Zulauf the discussion turns to the stock markets and gold. Felix believes gold will eventually rise two to three times in price and stresses the difference between paper and physical gold. He also sees the stock markets performing well in the first half of 2012, but believes things could turn around in the second half of this year.

Jim welcomes back Felix Zulauf, Founder and President at Zulauf Asset Management AG for another wide-ranging discussion. In the first of a two-part interview, Felix discusses the European debt crisis and believes the bailouts will be bigger than anticipated. He also sees money printing going global as central banks expand their balance sheets to equal or surpass the GDP of their respective countries. (CLICK HERE FOR TRANSCRIPT)

Jim welcomes Joe de Courcy, Editor of Courcy’s Intelligence Brief and Chief Executive of Intelligence Research Ltd in London. Joe is hearing the drumbeat of war getting louder in the Middle East, as talk of general war is coming from many sources.

Jim welcomes back Marin Katusa from Casey Research this week. Marin and Jim discuss the petrodollar system and how Iran may play a key role in its demise, which would hurt the dollar and boost gold.

Jim welcomes back Brian Pretti this week. Brian sees a better tone to the economic statistics, along with continued Fed money printing, making for a nice sweet spot for the moment. However, sweet spots are temporary by definition. No economic recovery on record has failed to print 4%+ real growth rates during the up cycle…except this one.

Exploration Analyst and Geologist Brent Cook of Exploration Insights joins Jim this week and sees real value in quality junior gold mining stocks. With a limited number of quality projects, Brent believes the best companies are likely take-over targets by the majors.

Jim is pleased to welcome Rick Santelli from CNBC this week. Rick and Jim cover a number of key issues, including the exploding national debt, the mass mortgage refinance program (taxpayers will pay), and what drives today’s futures markets. (Click here for transcript)

Jim is pleased to welcome Producer/Director Jeff Prosserman to discuss his explosive new documentary "Chasing Madoff," the story of Harry Markopolos and his ten year struggle to expose Bernie Madoff and save investors' life savings. Finding himself trapped in a web of epic deceit, the once unassuming Boston securities analyst turned vigilante investigator now feared for his life and the safety of his family, as he discovered no one would listen. "Chasing Madoff" tells the story the regulators hid from the public and which is still widely ignored by the media.

Jim welcomes Douglas Noland, Senior Portfolio Manager at Federated Investors Inc. Doug discusses the global credit crisis, and believes the greatest bubble in the history of mankind is ready to unfold.

Jim welcomes back Ned Schmidt CFA of the Agri-Food Value View report. Ned sees the agriculture markets bottoming in February with higher prices likely this spring, particularly in sugar, cotton, palm oil, beef and hogs. Ned also believes outlook for the U.S. farm machinery market may not be as strong as the Street believes.

Jim is pleased to welcome back James Dines of The Dines Letter to discuss his forecast for 2012. In an interview covering many subjects, Mr. Dines believes gold shares will catch up to the gold price, Chinese growth won’t be enough to bail out the world’s economies, and that nothing will save the world until a currency link to gold is reinstated and enforced. (Click here for transcript)

Jim welcomes back Joseph Dancy to discuss the energy sector this week. Dancy believes that natural gas will remain in supply glut for awhile and would avoid natural gas stocks at present. He sees oil equities as the better energy play.

Jim is pleased to welcome Edward Altman, Professor of Finance at the Stern School of Business, New York University. Dr. Altman sees Italy as the final battleground for the survival of the Euro. His analysis is based on the use of a new metric he and his colleagues have developed to estimate the financial health of sovereigns.

Jim welcomes back John Williams from Shadow Government Statistics. John sees no way to avoid hyperinflation, as some of the warning signs are getting worse: rising real inflation rates, massive Fed monetization, foreign nations dumping dollars, and the US losing its triple A credit rating.

Jim is pleased to be joined from Singapore by Grant Williams: portfolio manager, strategist, and author of the popular investment newsletter "Things That Make You Go Hmmm." Grant sees trouble in many areas of the globe, but believes many of the crises, particularly in Europe, will be resolved this year.

Historian, economist and demographer Neil Howe joins Jim this week. Neil discusses how people who understand the intersection of "global aging" and "generational change" will do quite well in the world that is coming.

Jim welcomes back energy analyst Chris Nelder this week. Chris notes that nearly 40 years since the great 1973 Energy Crisis, the US still does still not have a credible energy policy.

Jim welcomes Francois Trahan this week, Vice Chairman and Chief Investment Strategist of Wolfe Trahan & Co. in New York. Francois sees monetary stimulus, rising economic indicators and low expectations equaling higher stock prices in the first half of 2012.

Jim is pleased to welcome back Don Coxe, Chairman of Coxe Advisors LLP. Don sees a brighter picture for 2012, with Europe muddling through its debt problems. He is also bullish on blue-chip dividend stocks, the agriculture sector, and sees better days ahead for gold investors.

John Ing of Maison Placements Canada Inc. joins Jim to discuss the gold markets. John sees gold stocks outperforming bullion this year and believes gold will hit $3,000 oz. in 2012.

Louise Yamada joins Jim to look back at 2011 and ahead to 2012. She sees opportunities, but lots of volatility. Jim’s first Big Picture topic is "The Consensus for 2012" and Ryan Puplava wraps up this week in the markets. Jim also takes your Q-Calls this segment.

Jim welcomes CFTC Commissioner Bart Chilton for a wide-ranging discussion. Some of the topics discussed include MF Global, concentrated positions, silver manipulation, the paper market vs. the physical market, and his new book, "Ponzimonium−How Scam Artists Are Ripping Off America."

Jim welcomes back Martin Armstrong of Armstrong Economics for a wide-ranging interview covering the possibility of capital controls in the US, stagflation in the near-term, and why gold is likely to head lower before heading much higher. (Click here for transcript)

Jim welcomes back Ann Barnhardt for another compelling conversation. Going beyond the MF Global collapse, Barnhardt believes that the financial system is at risk, and we are living on borrowed time. She also adds that it’s time to go on strike against the big Wall Street firms.

MF Global has now become the 8th largest bankruptcy in history; resulting in the loss of over one billion customer funds. Jim discusses the broad importance of this case with the attorney representing 8000 affected clients regarding his legal battle with MF Global and JP Morgan.

In what is now the most listened to and popular interview Jim has ever conducted, previous futures broker, Ann Barnhardt, tells listeners that the collapse of MF Global is a huge warning sign that spells utter ruin for the markets and investors.

Jim welcomes Gerald Celente to discuss the MF Global debacle and the missing client funds. Gerald himself was a victim of the collapse and believes there is a "smoking gun" which reveals the fraudulent nature of MF Global.

Renowned economist Martin Armstrong and founder of Princeton Economics joins Jim Puplava in a wide-ranging discussion covering issues such as why economists get it wrong, the European credit mess, the culmination of the sovereign debt crisis by 2015, and why the next bull market will be in volatility.

Jim Puplava is joined on Financial Sense Newshour by Andrew Gavin Marshall to discuss the Bilderbergs, "the high priests of Globalization."

Jim Puplava welcomes Felix Zulauf on Financial Sense Newshour to discuss the growing sovereign debt crisis in Europe, other global imbalances, and why he is not optimistic about the future.

Jim Puplava and George Karahalios sit down for a broad-ranging macro discussion covering currency wars, government intervention, the peak oil business cycle, revenge of the free market, and could the US be the next Greece?

In this segment Jim and George look at investment survival tactics for the new year and beyond. These include basic necessities, gold stocks, a discussion on when gold may be too precious, and lastly an exit strategy.

Dr. Marc Faber of the Gloom, Boom & Doom Report joins Jim Puplava on Financial Sense Newshour in a wide-ranging interview to discuss Ben Bernanke, QE3, inflation, gold and much more.

Professor of Economics and Law William Black explains to Jim why no one has gone to jail four years after the beginning of the historic Credit Crisis. Professor Black believes that the level of corruption and fraud is so pervasive that very few of the guilty will ever be brought to justice.

Eric Sprott, Founder of Sprott Asset Management, discusses with Jim silver manipulation and why he sees silver as the investment for the next decade.

On Financial Sense Newshour, John Williams discusses with Jim Puplava America's day of reckoning and hyperinflation.