China and Russia Look to Forge New Path & Gold’s Glimmer Grows

Boom Bust Published on Jun 5, 2019
China’s president Xi Jinping and Russian President Vladimir Putin are making moves today before the Saint 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. This meeting comes as China is facing 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 gold hoards. Peter Schiff of Euro Pacific helps us dig into why nations are stockpiling the precious metals.