Equity and real estate prices are already stretched far beyond what their underlying fundamentals can support. But they are nothing compared with the distorted valuations being applied to U.S. sovereign debt. The bursting of the bond bubble will be exponentially worse than the deflation brought on by the NASDAQ and real estate debacles.
The economy is now set up for unprecedented volatility between rampant inflation and deflation; courtesy of Ben Bernanke’s sponsorship of the $7 trillion increase in new Federal debt since 2008. Investors need to own precious metals now more than ever as a means of protecting their portfolios during times of currency depreciation and economic chaos.”
Read the complete article at King World News here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.