If anyone is curious as to where the markets go next…go look at other sovereign bonds for comparison. I think there is only one way this resolves: the other sovereigns sell off and get higher yields, the US bonds get lower yields and rally…and incidentally, the dollar shortage intensifies.
Stocks, Manure, Gold, and Socialism: Markets and Bad Ideas
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Mark Thornton updates the Stocks versus Manure contest, then explains why
gold’s correction may be temporary, and why democratic socialism attracts
young v...
7 hours ago






