Schiff: Bond Bubble Going To Burst

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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4 Comments for this entry

  1. manfre says:
    January 11, 2009 at 2:47 AM

    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.

  2. John M. says:
    January 11, 2009 at 4:47 AM

    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)

  3. surak says:
    January 11, 2009 at 5:49 PM

    It is scary. It is getting harder and harder to not lose what money you have!!

    Igor says “ridiculous” I agree Igor!!

  4. JOHNNY ELEVATOR says:
    January 11, 2009 at 7:36 PM

    I want out of US dollars. Don’t want to just buy precious metals. Takes on an optional currency?

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