Big Bond Bubble Begins To Blow!

March 18, 2020

The bust is on! Not only is the stock market crashing like never seen before (  The Big Trump Dump! Dow Index Down 3,000 Points!  ), but there are now deeply distressing breaks in the bond market. These staggering responses to Fed actions run counter to what is expected; but people are so focused on stocks, that are missing the more worrisome action.

When the Dow crashed through the sub-basement into the pit of hell today, 10-year bonds remained locked around the 0.75% rate they’ve hunkered in at for about a week. This represents a freeze on the flight to safety in bonds, which indicates how illiquid the bond market has become and how its patches are pulling at their stitches. Money fleeing stocks is now avoiding bonds and going to cash….


US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

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