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Recessions until we start to reengineer our economies. and i think that's what's going to happen. >> boone pickens tried to do that with wind and natural gas. others have tried it with solar. if we get up to $100 or beyond in oil, guys like stephen leeb and i think you agree say that that stimulates production of alternative energy. that's been stymied a little bit because oil prices went down. >> it will, ali. it's all a matter of time. if we have 10, 15 year, there's no question we'll develop new technology. unfortunately, our rendezvous with triple-digit oil prices isn't in 10, 15 years. it...

Small gold coins or bars that weigh up to 10 grams. the manufacturer says soon it will be able to take bank cards to dispense gold to you as well. why would anybody want to buy gold, right? well, it's up 35% for the year. up 35%. you probably won't get it from a vending machine, but there are six ways you can buy gold -- mutual funds, exchange funds, stock, not to mention gold bouillon, gold coins, even gold jewelry. stephen leeb is the author of "game over." and back with us again, peter morici, economist and professor at the university of maryland school of business. and, of course, any conv...

Employment situation. stephen's right, we've got commodity price increases, we've got oil at $85 a barrel. we still have credit issues. what's your view on where we are right now? more positive? more negative? legs? short legs? what do you think this economy's about? >> i think the legs are short and wobbly, honestly. i'm in the skeptical camp. we have, in addition to all the factors we just talked about, you've still got major, major real estate issues. i'm not just talking about housing although it's a huge issue. there are something like 6 million homeowners now who are behind in their mort...

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