Gold To Thrive In A Fiat With Negative Yield

Gold To Thrive In A Fiat Ponzi With Negative Yield  by John Lee, CFA. I came across a very interesting article by David Rosenberg titled “Bonds are the new stocks and stocks are the new bonds”[1] in which, Mr. Rosenberg made several astute observations: “…as the first of the boomers turn 70, [2016] was the year that for the first time ever, roughly $13 trillion of global government bonds slipped into a negative yield. Another $14.5 trillion reside between 0 per cent and 1 per cent. So consider that over three-quarters of the world’s sovereign bond market trades at 1 per…