In an interview with the German newspaper Handelsblatt Dr. Faber has warned that bond yields will rise massively and US government bonds could become worthless:
“Over the next 10 years, we won’t see any restrictive monetary policy anymore and no real interest rates above zero,” he said.
in BusinessInsider
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)
