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The Source - April 24, 2013
Wed April 24, 2013
The Source: The Gold Bubble
In the first segment:
The promise of gold's safety lured many in uncertain economic times and the price, which was often stable, shot up over the past decade to unprecedented levels. Doomsayers predicting the collapse of the U.S. and world financial systems all bet on gold.
As the housing sector continues to rebound and the national spending begins to shrink, the price of gold has fallen more than 25 percent with analysts predicting it will continue to fall, perhaps even touching the $1,000 per ounce level.
Frank Holmes, CEO of U.S. Global Investors, talks to us about the future of the gold market.
Nathan Lewis, Author, "The Once and Future Currency"
Also on the show:
- Donna Muslin from the American Cancer Society talks about a new cancer study that is seeking participants from San Antonio.
- Author and Trinity University Professor Arturo Madrid talks about his recent publication "In The Country of Empty Crosses." The memoir is paired with images of the New Mexico Landscape of his childhood.
*The Source airs at 3 p.m. on KSTX 89.1 FM - audio from this show will be posted by 5:30 p.m.