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China and Russia look to forge new path & gold’s glimmer grows

Chinese President Xi Jinping and Russian President Vladimir Putin are making moves today before the St. Petersburg Economic Forum in the wake of US economic pressure. RT correspondent Alex Mihailovich helps us analyze what this means for the world economy going forward. The meeting comes as China faces the threat of an economic slowdown; Professor Richard Wolff is on hand to analyze the latest risks facing the world’s second-largest economy. And later, with a shaky bridge ahead for global markets, central banks are beginning to ramp up the hoarding of gold. Peter Schiff of Euro Pacific helps us dig into why nations are stockpiling the precious metal.

China and Russia look to forge new path & gold’s glimmer grows
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.