THE BOND BUBBLE IS GETTING OUT OF CONTROL...
BONDS ARE PAYING LESS YEILD NOW THAN STOCKS... BUT THAT IS MAINLY BECAUSE OF THE LIQUIDITY PANIC...NOT BECAUSE COMPANIES ARE DOING WELL...BECAUSE THEY AREN'T....AND THEY WON'T ANYTIME SOON.
CLEARLY, THIS IS AN EARLY SIGN OF THE RUSH TO GOLD ... AND THE REAL "NEW ECONOMY"!!
AS THE LIQUIDITY DECIDES WHERE TO SLOSH NEXT...
WE ARE ON THE VERGE OF A MASSIVE INFLATION OF SOMETHING...!
THE ONLY QUESTION IS WHAT...?
MY HUNCH IS THAT THE MONEY SEEKS HARD ASSETS...LIKE GOLD...
AND NOT MORE PAPER LIKE STOCKS OR OTHER SPECULATIONS...WHICH ARE STAGNATING ALONG WITH THE REAL ECONOMY...
THIS COULD BE THE MOTHER OF ALL STAGFLATIONS...!
