John Rubino, Michael Allen and Michael Oliver return. John will discuss factors behind a surging oil price and what that means for consumer inflation and central bank policies in light of an increasingly fragile debt-ridden global economy. What impact do rising oil prices have on gold mining stocks? On the gold exploration front, Michael Allen’s Northern Empire has been reporting some exceptional gold assays some of which hint at the potential for a new Carlin-style gold discovery in Nevada next to an emerging high-grade open pit operation being developed by Corvus Gold. While the markets for
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