The Gold Report: You've expressed astonishment at the record highs of world stock exchanges. Given the sluggish world economy, can we expect this trend to end, or have equities become completely disconnected from economic reality?
Leonard Melman: Equities have become somewhat disconnected from economic reality. We've heard comments from the European Central Bank, the U.S. Treasury and the Bank of Japan calling for more inflation because dramatic action is needed to improve the world economy. How does that coincide with the bull markets in equities?
TGR: Is there a connection between these bull markets and quantitative easing (QE)? Continue reading "Put Your Trust in Precious Metals, Not Governments"