We are living in economic, financial and monetary environment that I never thought possible in this or any other lifetime -- and I expect you feel the same way. All sense of free markets have been swept away -- and the central banks of the world, particularly the Federal Reserve, are now handing out hundreds of billions of dollars very week to Wall Street and foreign banks just too keep interest rates low -- and the equity markets moving ever higher. I used to be quite amused years ago when I heard that "print, or die" expression, but now that we're permanently in it, I'm not smiling anymore. As you've already figured out, the moment they stop, the entire system crashes and burns. This current melt-up in the stock markets can't and won't last forever -- and they can't keep interest rates suppressed forever, either. There's a limit, which we obviously haven't reached yet, where these central bank actions will show up in inflation and currency debasement, which I very much think is part of their plan...
