explod
explod
- Joined
- 4 March 2007
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Re: "Bond Mkt Implosion & Gold Tactics"
Excuse me. Have a little think about what a bond is and what is backing a bond. With guvmint debt over the moon and many company ballance sheets if measured properly near to the same, what is a bond really worth.
Like cash (paper money) they are not backed anymore by assets that have any value real value.
When the bond market really goes then the game as we know it is really over.
Very interesting times indeed.
But I do not like it as a lot of people are going to get hurt; all of us.
So, after reading the 11 points what does it mean?
Excuse me. Have a little think about what a bond is and what is backing a bond. With guvmint debt over the moon and many company ballance sheets if measured properly near to the same, what is a bond really worth.
Like cash (paper money) they are not backed anymore by assets that have any value real value.
When the bond market really goes then the game as we know it is really over.
Very interesting times indeed.
But I do not like it as a lot of people are going to get hurt; all of us.