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RE: Can the Bond Bubble be Unwound in an Orderly Fashion?

in #money8 years ago (edited)

@diamaidflynn During the last bond bear market in the 1970s gold went from $35 to $887.50 so I am not sure how a rout of the bond market would be bad for gold because rising interest rates mean dropping bond prices and a lot of defaulting borrowers.

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Thanks @maneco64. Bonds are one of the more alien asset classes to me so thanks for the reply.