We connected with Cross Border Capital's Michael Howell in Frankurt last week for a longer conversation and update on global liquidity. Where is it coming from and where does it appear to be heading?

In this episode, Michael spends a good amount of time talking about the supply of government debt and the role of Central Bank to be the purchaser of that debt. Michael believes this will be the only way to keep government afloat. It will also be the reason gold will be that hedge against such monetary inflation.