Tuesday, June 24, 2014

Wilbur Ross sees bond bubble bursting in next couple of years so does that mean buy gold and silver now?



arabianmoney.net / 23 June 2014 
The bubble currently brewing in sovereign debt will likely burst in the next couple of years, US billionaire Wilbur Ross warned today.
‘I’ve felt for some time that the ultimate bubble, when we look back a few years from now, is going to be sovereign debt, both US and other, because it’s way below any sort of reversion to the mean of interest rates,’ the famous distressed debt investor told CNBC.
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