The next bubble after bonds will be Gold? A "Gold bubble" is better stated as the "collapse of fiat currencies"... in other words, the ultimate bubble to collapse and drive us to the worst kind of deflation is the bursting of the fiat money bubble. Everything will grind to a halt because there will be no consistent means of exchange among the masses. Hopefully, this will not occur in our lifetime, but the FED seems to be accelerating us to that end.
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The next bubble after bonds will be Gold? A "Gold bubble" is better stated as the "collapse of fiat currencies"... in other words, the ultimate bubble to collapse and drive us to the worst kind of deflation is the bursting of the fiat money bubble. Everything will grind to a halt because there will be no consistent means of exchange among the masses. Hopefully, this will not occur in our lifetime, but the FED seems to be accelerating us to that end.
Dec 20 09:57 am
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