Tuesday, May 15, 2012

A whale in the waters of negative yields

When the world's largest bond investor is forecasting a world where gold and silver will once again form the foundation of the global monetary system, one should sit up and take notice.  Bond investors are understandably anti-gold.

http://www.ft.com/intl/cms/s/0/6686b916-9381-11e1-8c6f-00144feab49a.html#axzz1uy6IGanE

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