Financial Sense Newshour
Gold and Silver prices- the factors driving them higher
FSN Metals Update with David Morgan and John Doody
Marin Katusa on America’s looming energy disaster
Legal attacks on shale plays and fracking technology at home. Dependence on imported oil from increasingly unfriendly or unstable countries.
This week Marin and Jim Puplava discuss what Marin believes to be America’s looming energy disaster. The shutting down of shale plays, the controversy of fracking technology, and the assault of environmental litigation on many domestic energy sources make for a daunting energy future, especially combined with imported energy coming from increasingly tenuous sources.
For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all $100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than $1,000 per Chinese resident. This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's "exorbitant privilege." However, recent events have raised concerns that this soon may be a privilege lost.