Saturday, 10 January 2009
The Bond Market Bubble.
If you were an investor, where would you put your money right now?
In the following video, Peter Schiff from Euro Pacific Capital does his best to answer that question:
With the housing and stock markets going into free-fall, many investors have been purchasing government bonds as a safe haven.
What happens when the Bond Bubble bursts?
The underlying fiat money rapidly becomes worthless.