Bill Gross – Burning Bond Market Fails to Frighten Bond Investors
- Oct 9, 2012
- 1 min read
Commentary : Bonds have the look of a bubble . Investors are just throwing money at it in a perceived safety trade. However, at some point this will reverse as well. People will realize that when rates go up, bond prices drop. I think the next move when this happens is going to be a shift into precious metals and commodities. Even Americans will wake up and realize you need to own some gold.
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