Bob Hoye--Credit Bust Entering A New More Dangerous Phase #2452

Bob Hoye, renowned economic historian, joined us for a review of where we've been in this massive credit boom/bust and where we're going. You'll be surprised at his predictions. Look for more excessive dollar strength, more oil price weakness and look for a dramatic increase in the real price of gold and mining shares. As energy prices crater that's a major boost for the miners. Their margins go way up. Lots more here that you need to hear.