"Wesley Legrand 28 April 2011 May is fast approaching as 2011 slips by but are your investments also slipping? Are there any stock goldmines left to mine? Today, we turn to Grand Private Equities' Wesley Legrand to see what's in store." should we sell in may and go away?..
quite interesting actually, interviewer is trying to push the agenda that there is still money to be made in shares in the short term before debt issues cause them to collapse but old mate holds his ground and pitches that you need to rethink your Keynesian programming and don't think of gold and silver being in a bull market but rather shares and paper assets being in a bear market. I don't know if the interviewer is just playing devil's advocate or is genuinely completely stupid but he is talking some crazy. Gold collapsing, the US dollar regaining value "with credibility" etc.. Very well thought out responses.
Pascoe gives me the irates. Whenever he talks about the gold and its highs in aussie dollars he somehow forgets to mentions the spike highs were currency induced. At best its disingenuous. edit I think everyone here can come up with an "at worst"!
^ yeah i thought that 'no free markets' quote sounded familiar, i saw that other thread but didn't watch the video..
Best "mainstream" interview I've seen in a long long time. Legrand did not divert from his views no matter how hard the interviewer pressed. @Blockhead, not sure the interviewer was "stupid" but rather just unable to understand why anyone would hold an alternate view (ala Mike Maloney and Legrand) of the US position, or economies generally.
how you could host a finance program and not even have a basic understanding of how the US dollar is going down a hole and not coming back belies some level of stupidity, but as i said, he could have just been playing devil's advocate, making broad statements for Legrand to respond to.
