Bill Gross – Burning Bond Market Fails to Frighten Bond Investors

http://www.sfgate.com/business/bloomberg/article/Gross-s-Burning-Bond-Market-Fails-to-Frighten-3931707.php#ixzz28oEIqdWz

Commentary : Bonds have the look of a bubble . Investors are just throwing money at it in a perceived safety trade. However, at some point this will reverse as well. People will realize that when rates go up, bond prices drop. I think the next move when this happens is going to be a shift into precious metals and commodities. Even Americans will wake up and realize you need to own some gold.