Financial Sense Newshour
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.
All paper money systems in history have ended in failure. Either they collapsed in chaos, or society returned to commodity money before that could happen. Drawing upon novel new research, Paper Money Collapse conclusively illustrates why paper money systems—those based on an elastic and constantly expanding supply of money as opposed to a system of commodity money of essentially fixed supply—are inherently unstable and why they must lead to economic disintegration.
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.
In the first segment of FSN this week, Ryan Puplava begins with his weekly update of global market activity. Next, Technician Quint Tatro joins Jim and notes that the stock market is looking bullish at the moment...
In this segment of the program, Jim tackles two important Big Picture issues. Jim’s first topic is: "The Debt Supercycle reaches its final chapter−a look at the future." Next Jim looks at the high volatility of the gold market...
Many analysts have described the US as the "best-looking house in a bad neighborhood." Jim examines the US "house" and sees a case for optimism in the stock market.
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.
In Leverage: How Cheap Money Will Destroy the World, well-known market commentator Karl Denninger literally follows the money, tracing the path it has taken through history and discovers a shocking truth—the power to control a nation's purse strings is addictive, and when that power falls into the hands of only a select few, they will pull the levers of government and policy to enrich themselves at the expense of everyone else. History is littered with the stories of collapsed monetary systems, and in every case the debasement of the currency in question, and the disasters that followed, can be directly blamed on excessive leverage, deployed in ill-intentioned and fraudulent ways by the elite.