Financial Sense Newshour
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.
Popular technician Frank Barbera joins Jim on the program this week. Frank sees gold stocks poised for a strong advance and the dollar ready to roll over and move significantly lower. In addition, Ryan Puplava joins John with his market update, and Rob Bernard joins Jim for the Fixed Income Report.
In his first Big Picture topic this week, Jim looks at the implications of the Greek credit crisis in "Our Big Fat Greek Deficit." Jim also takes your Q-Calls.
In this segment, Jim discusses two more important topics in the Big Picture: "Ready to Launch−why gold stocks are heading higher" as well as "Why you want to own stocks."
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 is pleased to welcome technician Bert Dohmen this week. Bert sees the election year cycle as positive for the markets, but also sees higher gold prices and significantly higher gas prices at the pump.