Thursday, June 23, 2011

McAlvany Weekly Commentary

Bill King Interview: Europe is the Detonator – The U.S. is the Bomb

Show Highlights:
-We are currently seeing the Collapse of Western Socialism in Europe.
-A Greek default is the first phase of a chain reaction involving Portugal, Spain, Italy…and ultimately most sovereign debt.
-During this debt “end game” scenario, it’s critical for the investor to be postured in a defensive strategy – including physical gold and cash.

About the Guest: Bill King, has authored “The King Report” for over 18 years. It is an independent view on global, political, financial, and economic factors that influence world markets. As author of the firm’s daily research, Bill’s candid observations and forecast on the economic, financial, and political forces that are impacting the markets have been extremely accurate.

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