Saturday, June 15, 2013

Marc Faber : A tanking Bond Market is a possibility, but not a certainty

TGR: I recently interviewed James Dines, and he predicted that the bond market will burst as soon as interest rates start to climb. Do you agree with that assessment?

Marc Faber : A tanking bond market is a possibility, but not a certainty. Bonds are selling at artificially low interest rates, and they are especially low because of central bank buying. One day, interest rates will rise, but central banks will probably continue to purchase assets.- in goldseek


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