Why turmoil in the bond market is boosting gold and Bitcoin - WBFF
Why turmoil in the bond market is boosting gold and Bitcoin - WBFF
Source: WBFF
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DW NOTE
The bond market isn't in turmoil — it's in revolt. Buyers are finally demanding compensation for holding paper issued by governments running 6% deficits with no plan to stop. Gold and Bitcoin aren't rising because of volatility; they're rising because the alternative is lending to insolvent states at rates that don't cover the risk.