Gold and Dollar Attractive Havens from Eurozone Woes

On Market Watch, Tim Mulholland, Managing Partner of China-America Capital and Associate of Sweet Futures in Chicago, discusses: --  If a 'No' vote in Ireland on whether to ratify the EU's fiscal pact will make a difference --  The EC has called for a creation of a banking union, which has been backed by ECB President Mario Draghi. Is a European banking union a feasible option right now? --  Some of the stumbling blocks to creating a Euro-wide banking union --  US data showed an unexpected drop in corporate profitability, falling 4.1%. Tim says he agreese with economist Nouriel Roubini that this could be the start of a trend, as economic problems eat into the corporate bottom line. --  With the escalating eurozone crisis, investors are turned off from anything with a hint of risk. Find out why Tim like gold and the US dollar as safe havens in these troubled times.See omnystudio.com/listener for privacy information.