Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Fiat Ponzi

Reply
 
LinkBack Thread Tools
Old 05-31-2012, 07:32 AM   #1
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,065
Liked: 2454 times
Exclamation Bill Gross: The Global Monetary System Is Reaching Its Breaking Point

Quote :
...
The world’s financial markets currently seem obsessed with daily monetary and fiscal policy evolutions in Euroland which form the basis for risk on/risk off days in the marketplace and the overall successful deployment of carry and risk strategies so important to asset market total returns. Euroland is just a localized tumor however. The developing credit cancer may be metastasized, and the global monetary system fatally flawed by increasingly risky and unacceptably low yields, produced by the debt crisis and policy responses to it. The great white whale lies waiting on the horizon. Investors should sail carefully and the Wall Street 1% should put on their life vests if they expect to weather the inevitable storm that may threaten the first-class cabins they have come to enjoy.
http://www.zerohedge.com/news/bill-g...breaking-point

__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Old 05-01-2013, 09:30 AM   #2
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,065
Liked: 2454 times
Bill Gross isn't backing down:
Quote :
...
Quick Read

1) Central banks and policymakers are acting like barbers. They haircut your investments.

2) Negative real interest rates, inflation, currency devaluation, capital controls and outright default are the barber’s scissors.

3) Gradually reduce duration, risk positions and “carry” as the year proceeds.
More: http://www.zerohedge.com/news/2013-0...ll-be-haircuts

Gee, if there were only a way to keep your hair safe....
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
50 Point Vapor Rally! ancona Fiat Ponzi 2 05-24-2012 03:03 PM
Gold lives — An interview With Bill Murphy Unobtanium PM Bug 0 05-22-2012 07:27 PM
Arabs want a unified monetary system? PMBug Fiat Ponzi 11 04-18-2012 07:54 AM
Mid-point consolidation in giant flag for silver? PMBug Silver Bug 0 01-09-2012 06:56 AM
The Coming Derivatives Crisis That Could Destroy The Entire Global Financial System SilverKing Fiat Ponzi 1 10-21-2011 10:22 PM


All times are GMT -5. The time now is 02:15 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.