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Buy Gold/Silver News : Bianco: Gold is a ‘High Yield’ Asset in a Negative Rate World TitanicThe amount of debt yielding negative is now "$8.1 trillion...65% of which is in Japan and pretty much the rest of it is in Europe right now. 20% of world sovereign bond markets are now at negative interest rates. If you exclude the US, it's about 50%... My friend Jim Grant likes to say that the problem with the barbarous
relic is for 5,000 years...it's always yielded zero; it had no yield,
and that's always been the argument against owning it: ‘Why would you
want to put your money in something that doesn't yield you anything?’
Well, guess what? Today, a zero yield as gold has is a high-yield
alternative when compared to $8 trillion dollars’ worth of investment
options in sovereign bonds. So we are really in an alternative universe
where the high yield is now zero…” http://www.financialsense.com/contributors/jim-bianco/gold-high-yield-negative-rate-world NIRP is The GASH in the Titanic The Sinking Ship's PUMP Takes $10 of Stimulus to Get $1 of RETURN. There are NOT Enough Lifeboats, Weasely. Krugmanstein's Monster is SINKING. |
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