Peter Schiff on why the bond bubble is going to burst: [Hat tip Freedom's Phoenix!]
I have a feeling he’s right.
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Sunday, January 11th, 2009 at 12:01 am
Schiff: Bond Bubble Going To Burst
By twist
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4 Responses to “Schiff: Bond Bubble Going To Burst”
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I wonder when governments will stop buying our debts and start selling. When will the world come to a point they don’t believe our debts or currency is any good?
Igor says “sad”, I have to agree, so very sad.
manfre -
My guess: around 4:30 PM Eastern Time, Thursday January 15th, but we’ll see
(that’s when we get the next H.4.1 update from the NY Fed)
It is scary. It is getting harder and harder to not lose what money you have!!
Igor says “ridiculous” I agree Igor!!
I want out of US dollars. Don’t want to just buy precious metals. Takes on an optional currency?