r. and b. group so first lindsay thank you so much for being here welcome to the show. thank you so much i'm glad to be here and we're glad to have you because as i said china's growth everyone knows has slowed and some analysts are worried it will get worse because of gauges like iron ore prices and the eurozone economies are struggling to be as one example of where they're headed said they think euro zone economies will probably contract more than it previously expected so despite all of these pressures that some would imagine would put downward pressure on the demand for oil from what i understand you see oil prices headed up so tell us why i do see or i did you see oil prices have i think it's important to keep everything in perspective and we have to look at that from a two thousand and eight perspective as well we have to remember that crude oil went to one hundred forty seven dollars per barrel and then within a six month window they dropped down to the thirty forty dollars range and that is a

r. and b. group and still ahead china markets are up after announcing an infrastructure stimulus plan what is the role of what we're seeing in commodity prices though we'll get some insight from steven levy after the break continuing the commodity discussion but first your closing market numbers. welcome back gold was up today if you notice the highest it's been and monts above seven hundred dollars an ounce does it have to do with the e.c.b. propping up europe or perhaps expectations the fed is going to announce next week after its meeting that it's trying to prop up the economy once again that remains to be seen but let's stick to resources and commodities and talk about what this gold and barometer may be telling us joining me is dr steven levy he's chairman and chief investment officer of lead capital management also author of this book read a large and stephen leeb is here to give us the gold alert first dr leigh welcome to the show thanks for being here thank you so much lorne it's always great

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