In his latest MUST WATCH update, Greg Mannarino states that we are only months away from the BURSTING of the US Treasury bond bubble.
As SD has pointed out repeatedly, Mannarino states out that the nations who have funded the US deficit over the past 10-20 years such as China and Japan are backing away from US debt, and the Federal Reserve has become the lender of last resort.
Greg compares the chart of the DJIA during the equities bubble with the current chart of the 30 year bond. The 30 year has been rising in an unsustainable uptrend as the Federal Reserve is buying US debt like its going out of style. Greg states that the free market will take over the manipulation of the bond market by the Fed, and the FREE MARKET WILL inevitably pop the bond market bubble blown by the Fed.
Mannarino states that when the bond bubble bursts (he believes this is only months away), faith will be lost in the entire fiat monetary system and we will see the MOTHER OF ALL COLLAPSES. Greg states that all of the fiat monetary system cash will flow like a tsunami into the only safe haven assets remaining; gold, silver, and oil.
Gold and silver prices will be absolutely staggering due to the collapse in the bond bubble, which will be the final nail in the coffin of the US dollar.
You must become your own central bank today by exchanging your fiat Federal Reserve notes into physical gold and silver.