Charles Biderman-What else is there besides gold?
Charles Biderman, CEO of Trim Tabs Investment Research, says, “If Europe, the U.S and Japan are all printing money to pay bills, what else is there besides gold?” Everone should be holding physical gold in their portfolio. Biderman thinks Europe is a mess, and tax revenue is “nowhere near enough to pay government expenses.” So, he thinks, “Europe has to implode!” The U.S. will follow Europe. Will the banking system survive? Biderman says, “Probably the big guys won’t, but so what!” In America, Biderman says, “The U.S. government is printing $100 billion a month, and it’s not generating growth.” He expects “stocks to go down by 50%.” Join Greg Hunter as he, once again, goes One-on-One with Charles Biderman.