How long can the printing of money continue to support world markets and how important is it for investors to protect themselves with gold?
You're not going to regret from having some money over in precious metals early, because again a lot of things can change, a lot of psychology here that can change relatively quickly. So, I'm not saying it's an all on, all in 100% bet, that doesn't make sense, but it doesn't make sense with anything. Making a move to some degree early makes a lot of sense. Most of your traders often will tell you... buy into weakness and sell into strength and to some degree that's what you're doing. You can't really tell exactly when things are going to bottom, but you do know the fundamentals are there and that people are probably going to get more and more increasingly nervous about how the world economy is being driven up. Most importantly, meaning the world stock markets are being driven up.
Let's face it, Japan? They had no growth last year. They had a recession two quarters in a row, negative growth, yet their stock market is now up over 100%. It's almost tripled since they started printing money. So you're getting something sort of out of whack...how can the market be worth that much more in an economy like Japan that's dead? Well, that's that monetary stimulus and for a while people love to believe it, but you find at some point, and it could be much sooner than later, people's attitudes change and boom! You've got it. That's the pop. You need to be ready.