gold, page-4305

"Bond markets move stockmarkets and not the other way around as I am sure a lot in the HC forum thinks? So that makes Bond market players the most astute when pricing RISK."

Well if the bond traders are the most astute at pricing risk why are they all piled into the biggest bubble in history. Answer: the central banks keep buying, buying, buying. Can't lose can you?

Well in actual fact when bond yields go negative the RISK of making money is precisely equal to ZERO. Shows just how good these guys are. They will only be proven to be smart if they can liquidate their positions and leave the central bankers holding the entire sh_t can. But when things go wrong that will be impossible and the chumps who are left holding the most valuable tulip bulb lose. Eshmun