3 ms·
Gold will be in a bubble when my mentioning it doesn't always produdpce someone like you saying it is in a bubble. Bonds are a massive bubble that has expanded
by lzw 16y ago
Gold will be in a bubble when my mentioning it doesn't always produdpce someone like you saying it is in a bubble.
Bonds are a massive bubble that has expanded since 2008 enormously. Rates are at historical lows and the amount of new issuance is at historical highs.
You'll forget about it when it happens, but the next bubble to burst, by 2012, will be the bond bubble. The rest of the world can only buy so much, the fed is printing and buying it's own auctions under the table, and when interest rates have to rise to try and make them attractively, current bonds will crash, most of which are short term and the government is surviving by rolling them over every couple of months...... It's a massive cluster fuck just waiting to happen..... Actually, now that i think about it, I need to figure out a way to short bonds with leverage. Maybe put options on a bond ETF?