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Axel Merk and Michael Oliver return. Axel will say why the dollar is overvalued relative to the Euro despite the increasingly likely outcome of a Greek default. Will a Greek default cause banks to take money from depositors as Cyprus did? If so, will that drive Greek citizens and others out of the banking system into gold as James Turk suggests? Those and many more questions relating to how we can best protect ourselves in an increasingly chaotic world will be asked of Axel. The largest bubble in the history of the world is the sovereign debt bubble. Now finally, there are signs that the U.S.
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