Friday, August 05, 2016

MORE PROOF THAT THIS WORLD HAS GONE MAD
THE BOND KING DOESN'T LIKE BONDS
BUT HE DOES LIKE GOLD!
Bill Gross doesn't like bonds, but does like gold? How crazy is that? It is like Henry Ford telling everyone to buy a Chevrolet. It is like Hillary saying she'll revoke the Federal Reserve. Based on some previous predictions by Bill Gross, this might be bad timing in the short run BUT wise advice in the long run. 

1 comment:

Anonymous said...

Come the great depression (ref Harry Dent) all these will collapse in price. Nevertheless they are unlikely to go to zero. Come the great depression, everything goes down .... except of course indexed government salaries and pensions.