tres knippa joinschicago.a pretty good idea that you will say yes. gold should have a role in currency values but i also put it to you it is never going to happen in my lifetime. what do you say? >> debating potential gold standard most notably in the united states, why don't we talk about what the world would be like without gravity? it is never going to happen. we can forget about it because it would mean balanced budgets, government can't print money to buy their own debt and monetize the bond market like we are doing. isn't going to happen. i can also tell you from firsthand experience you want to get pushed to the fringe of a financial discussion? start talking about gold. it has happened to me personally anywhere from hong kong to geneva to south america, bring it up and people go old tres knippa is a gold bug. it couldn't be further from the truth. there's not enough goals in the world in order to make a gold backed currency so that is not realistic. having a limited supply of currency, let's face it, l

tres knippa did not buy it early on the program. >> i agree with tres knippa.ited about anything. we are going wrong direction. for gdp growth is so low that if you start analyzing it we have zero nominal growth in gdp in this country and that trumps all other economic measures. you can say whatever you want, janet yellen but the reality is the facts don't support what you are saying, no reason to be looking forward and saying positive things on the rise and because i don't know what you are looking at because nothing shows that happening. stuart: she set off a nice rally in the stock market after she came out with those comments. investors like what she said that you may not. last word to you? >> i don't buy it, i don't buy anything they are doing out of washington at all. she could say all they long but the stock market might have risen but the economy is not rising unfortunately. stuart: try this one coming out of washington. one republican, one democrat, both of impala in for a $0.12 gas tax increase to fund highway projects. i can believe a republican is c

tres knippa, what is happening at the cme and what you're listening for in theion and answer period?n for something that is not going to happen, some sort of admission that janet yellen see that inflation could be a problem. i wonder why don't retired people, mom and dad, why are retired people absolutely not furrowing the television over the balcony of their condominium when janet yellen comes on and says listen, i am not going to give you anymore returns because you are on fixed incomes will keep interest rates artificially low so you won't get a return on your savings and continue to tell you there's no inflation bleach in what alternate universe, even one of the panelists in your previous section was talking about no inflation, health care costs going up, food prices going up, rand going up on houses, things like that and yet we are told there is no inflation. the retired people of the united states should be throwing a fit apart from the fact that janet yellen looks like a sweet little old grandmother. we will leave that part aside. melissa: what you listening for? nicole: prior