Bond Market Crisis: Why This Looks Just Like 2007-2008 All Over Again

By Przemysław K. Radomski, CFA – Golden Meadow

The bond market is flashing warning signals that I haven’t seen since the months before the 2008 financial crisis. What’s happening right now in both Chinese and US credit markets is creating the perfect storm for a major USD rally and a devastating decline in precious metals and mining stocks.

Let me walk you through why this situation is so dangerous—and why it’s likely to be very bullish for the dollar while crushing gold (temporarily, but still), silver, and copper.