The Gold Report: When you spoke with us last year, you talked about Europe’s financial problems being a policy issue. Are they any closer to a solution to the debt crisis there and is the situation in the U.S. parallel to that?

Vikas Ranjan: I think there’s been progress made toward solving the debt crisis in Europe and also in the U.S., which is a different ball game. When I said Europe is more like a policy problem, I meant that it’s not a problem that just came up one fine day. A monetary union without any proper fiscal union … [visit site to read more]