How Safe Are your Municipal Bonds? The Sad State of the States

In the first part of today’s Big Picture, Jim Puplava talks about credit risk, especially when it comes to a very popular sector with high-tax investors: municipal bonds. In the second part, Jim gives his thesis for why he believes oil prices are going to continue rising with a look at supply-demand fundamentals, shale oil, inventories, and geopolitical risks.

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