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.
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.