Should this drive up gold, bonds, other investments?
Take a look at NUGT the last two weeks.
It seems that it is putting upward pressure on gold. I think bonds are risky since city, state and federal government debt looks like default is a big risk and bond rates are beink kept very low. If the rates go up the defaults will spike.
I just today asked one of my banks how much notice they need for a large cash withdrawal.
Was told that anything under $100,000 wasn’t a problem.
(I’m probably on a list now)
Bonds have been destroyed over the past few months (i assume you mean corporate and not government) due to deteriorating fundamentals and decaying valuations for underlying assets. Its not just oil but a host of raw materials. While i can’t tell you how much debt is owed by all the various industries involved with all the various sinking raw materials i do know its huge and a huge part of the overall debt market which is in the trillions.