James Turk: Gold i$ money, and Ukraine's fiscal woes
Ukrainian officials say they need $35 billion over the next two years or they'll end up defaulting on some of the $136 billion in debt they currently hold. It now looks like Ukraine could get up to $30 billion from the IMF, EU, and US collectively, but this money comes with conditions. Erin takes a look at some possibilities. James Turk, co-founder and director of GoldMoney.com, explains that gold is much better than fiat currency and tells why he is bullish on silver right now. In Big Deal, Edward Harrison and Erin chat about how airline companies are revamping their frequent flier programs based on ticket price, not miles traveled.
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