Chris welcomes back Monty Guild of Guild Investment who sees solid signs in the commodities markets, in particular gold and crude oil. Guild Investment is bullish on both sectors, due in part to expectations of future dollar weakness. Their long-term viewpoint on gold is solidly bullish due to the need to payoff global debts through further currency debasement. The massive economic engines of India and China will continue to absorb dwindling precious metals supply, as investors scramble for the safe haven investment class. He expects oil and gold shares to benefit from the lower dollar theme. Brazil, Russia, and Canada are favorite investment nations: Canada is flush with gold, oil and timber; Russian has oil and raw minerals; Brazil benefits from soybean production and base metals as well as oil, as seen in Petrobras. The continuing economic theme of negative interest rates / QE is accelerating in Japan, where policymakers are attempting to stimulate sagging economic conditions amid unfavorable demographics. Our guest is convinced that the failure of EU banks to follow their US colleagues and recapitalize following the 2008 economic emergency, could spark a new 2007-2008 style Credit Crisis in the next few years. His finding is corroborated by friend of the show Boston University professor, Laurence Kotlikoff, who notes that the true domestic debt load is approaching $220 trillion dollars, significantly more than the combined global economic output, on an annual basis. Regarding US shares, a favorite equity includes biopharmaceutical Gilead Sciences (GILD). Easy access to home loans in the US combined with the trend of immigration will continue to flood the real estate sector with capital, making it a solid investment. For safety minded investors, Australia, Canada and the US are top on the Guild list of friendly nations, thanks to solid legal and accounting policies.