This article declares the bond market will collapse with an accompanying soaring gold price. But between now and then, bonds should continue their rally (yields and interest rates should continue to decline as QE artificially boosts demand for bonds, therefore outstripping supply)--and gold prices may further decline, despite the Fed's and Bank of Japan's balance sheets continuing to grow to grotesque levels.
In other words, expect choppy markets if you're long precious metals, but your day will come eventually, when inflation rears its ugly head.
http://www.zerohedge.com/news/2013-04-21/unprecedented-660-billion-excess-debt-demand-and-what-it-means-bond-yields
Sunday, April 21, 2013
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