Don Coxe: "This Is the Worst Trading Situation I Have Ever Seen"

would it be reasonable to believe that equities are bad investments and we should all move into treasury bonds? TGR: Typically, gold was treated as a hedge against inflation and uncertainty. Is it still reasonable to look at it as a hedge? DC: It’s a hedge against inflation for reasons that in the past we were told were inevitable, but which have not yet happened. You would think that a person who drinks a fifth of whiskey a day and smokes three packs of cigarettes a day is not going to live as long as a normal person. But, suddenly,…