With Detroit’s recent bankruptcy filing, John and Merlin take a look at what might be the ramifications for residents and the city as a whole. This spills into a discussion on the riskiness of Municipalities and how investors should approach them with caution, as this once safe investment vehicle is now fraught with problems. To wrap up the show, the duo takes a look at Gold and announces Power Trading Radio’s most recent gold coin winner! Haven’t entered yet? It’s free! Register at PowerTradingRadio.com today!