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Alias Born | 04/13/2015 |
Friday, December 09, 2016 11:10:12 AM
They are not just selling because of our debt problems. They are also selling because they have debt problems and need cash. If the bond market continues to sell off then yes yields will rise. I heard a prediction the 10 year will go to 3% within a few months. We'll see. Thats a lot of bond selling. As far as your fund is concerned I think I would need to see it to answer your last question. Thats why I suggested to talk to a professional to get the answer you need.
I also missed the 10% move but I don't care. I'm not going to pay for those evaluations. In my mind nothing has changed. Any stimulus won't occur till late 2017. The Dollar is stronger again today. Our exports are in for big trouble. Expect GDP to come in below 2% maybe below 1.5%.
I also add to my silver stack monthly. I'm getting friends and family to do the same. I may add a little more to FFMGF before the end of the year. This is one of my favorite gold plays.
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