gold, page-101936

Yeah mate tapering is tightening as liquidity is removed.
It appears to be a tad too late to use the word "sensible"
A downside market move will no doubt see QE extended and expanded, never mind tapering.
Its all downhill into dislocation and disintegration whichever way the dice gets tossed by the look of it.
Hyperinflation will also see share prices rise until the thing blows up. That might well be where we are headed but for that to happen the bond market will have to blow up or become completely irrelevant.
We will no doubt find out soon enough.