U.S. Debt Crisis - Inflate Is The Only Option | Steve Penny

Steve Penny joins us to discuss the latest moves in the precious metal markets. After a dramatic decline, metals have rallied back. Penny is optimistic that gold will break to the upside. In addition to bullish technicals, gold has fundamentals on its side. He argues the U.S. debt cannot be repaid. It must be inflated away, he says, and this should push down the value of the dollar and push gold higher.
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INTERVIEW TIMELINE:
0:00 Intro
2:12 Gold update
7:00 Silver update
9:00 USD Index
10:24 Stock crash
13:00 Uranium
15:12 Gold & silver wrap
17:00 Physical gold
18:55 Silver Chartist
19:50 Miles Franklin
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