David Stockman Warns This is the Biggest Bond Bubble Ever – Buy Gold

Former White House Budget Director David Stockman is sounding the alarm: “The main thing is get out of the markets. These markets are unstable. They’re rigged, and there is no reason to own stock at this point of the game…The Fed has finally run out of dry powder. They are out of the bond buying business. They are even talking about the initiation of the shrinkage of their balance sheet.  The central banks are finally getting to the end of the road. There isn’t going to be any more money printing, and that is going to leave a giant mess on the doorstep of all the fiscal authorities. It’s going to make the bond market a particularly dangerous place. There is a $100 trillion global bond market, and this is the biggest bond bubble the world has ever seen.  Get out of the stock market. Get out of the bond market and buy some gold.”

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