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Bond Market Collapsing Now -- Says Michael Pento
Financial Survival Network ^ | 10-02-2023 | Kerry Lutz

Posted on 10/06/2023 9:55:14 AM PDT by appeal2

Michael Pento discussed the current state of the bond market and warned of the potential collapse of the US dollar due to the erosion of faith in the world’s reserve currency. He advised investors to sell long duration bond exposure and invest in short term US government debt. Pento also discussed the inflation and GDP acceleration, as well as China and Japan’s selling of US treasuries. He warned of the massive issuance and supply of US debt and questioned who will buy it, as the Federal Reserve is no longer buying and is instead selling their balance sheet, adding to the supply from China and Japan.Click here to watch to the interview


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bond; bondmarket; bonds; collapse; default; economy; gold; investment; market; stockmarket
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To: appeal2

Wheel barrows on sale at Lowes.................


21 posted on 10/06/2023 10:41:31 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: appeal2; 4everontheRight; 4Liberty; 5thGenTexan; 45semi; 101stAirborneVet; 300winmag; ...
Prepper Ping - The Financial Bond Market is collapsing
Such action will be felt throughout the world financial markets

appeal2 :" Yes we have arrived at that moment, where the debt suddenly rises so fast and becomes unsustainable.
We all knew it was coming, but hoped it never would "

" Michael Pento discussed the current state of the bond market and warned of the potential collapse of the US dollar due to the erosion of faith in the world’s reserve currency.
He advised investors to sell long duration bond exposure and invest in short term US government debt.

Pento also discussed the inflation and GDP acceleration, as well as China and Japan’s selling of US treasuries.
He warned of the massive issuance and supply of US debt and questioned who will buy it, as the Federal Reserve is no longer buying
and is instead selling their balance sheet, adding to the supply from China and Japan "

22 posted on 10/06/2023 10:45:21 AM PDT by Tilted Irish Kilt ( )
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To: appeal2

Lots of people want to buy 30 year government bonds paying 0.5%


23 posted on 10/06/2023 10:46:33 AM PDT by glorgau
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To: politicket

“””The shysters (banksters) are the ones who allow the asset bubbles on purpose then pull the rug from the common idiots - gathering the underlying assets of the promissory notes and creating yet another largest transfer of wealth in world history.

History repeats. This one will be worse than 2007/08.””””


I believe we all gasped when Paulson said he was going bail out the banks in 2008 by handing out $700 BILLION.

Fast forward to today and no one seems to blink an eye when TRILLIONS are handed out.

BTW—national debt in Oct 2008 was about $9 Trillion and we are now at $33.5 Trillion.


24 posted on 10/06/2023 10:48:21 AM PDT by Presbyterian Reporter
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To: appeal2

The real questions is whether the U.S. is alone in facing a Financial crisis or is virtually the entire world showing signs of economic instability. If the world is showing instability which country is in the best position to recover?

For all of our many and serious problems we are less screwed than everyone else. It might be good if their is a major global correction despite the pain...


25 posted on 10/06/2023 10:49:38 AM PDT by MichaelRDanger
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To: politicket

“Watch the Nikkei is you really want to see this in action. Down 711 one day. Up over 500 the next.”

Excellent point. However, a more accurate statistic would be the percentage change.

A daily swing of 500 points in the Dow is cause for concern when the Dow is at 5000, but not so much when it is at 33,000. 10% versus about 1.5%


26 posted on 10/06/2023 10:50:54 AM PDT by Maine Mariner
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To: appeal2

Yet bond rates are all up, recently and today.

What “collapse” is he talking about???


27 posted on 10/06/2023 10:54:41 AM PDT by Wuli
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To: Wuli
Yet bond rates are all up, recently and today. What “collapse” is he talking about???

Price collapse

28 posted on 10/06/2023 10:57:34 AM PDT by 1Old Pro
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To: Wuli

“”””Yet bond rates are all up, recently and today.

What “collapse” is he talking about???””””


When bond PRICES go down, bond RATES go up.

He is talking about the collapse of BOND PRICES.


29 posted on 10/06/2023 10:58:42 AM PDT by Presbyterian Reporter
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To: appeal2

this website is one of the gajillion ones that constantly bombard me with spam ... arrrggg! i hate these a-holes!


30 posted on 10/06/2023 11:03:11 AM PDT by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: appeal2

“...and questioned who will buy it...”

Enemies, Foreign and Domestic? ;)


31 posted on 10/06/2023 11:13:31 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Presbyterian Reporter
Fast forward to today and no one seems to blink an eye when TRILLIONS are handed out.

Are you referring to the Treasury auctions?

Not sure what you mean by "handed out"?

32 posted on 10/06/2023 11:17:21 AM PDT by politicket
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To: Maine Mariner
Excellent point. However, a more accurate statistic would be the percentage change.

Point taken - but anything above or below 0.5% is the current market is to be watched - if happening on a regular basis.

33 posted on 10/06/2023 11:19:04 AM PDT by politicket
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To: MichaelRDanger
The real questions is whether the U.S. is alone in facing a Financial crisis or is virtually the entire world showing signs of economic instability.

It's global. China is the worse. Europe is getting hammered. We're entering the fray.

34 posted on 10/06/2023 11:21:07 AM PDT by politicket
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To: Presbyterian Reporter; Tilted Irish Kilt; All

“BTW—national debt in Oct 2008 was about $9 Trillion and we are now at $33.5 Trillion.”

There’s no way this ends well. :(

Just finished loading up the pantry with home-grown/canned produce. :)

Precious Metals are ‘perking up’ today after a too-long slumber, so something is coming down the pike...


35 posted on 10/06/2023 11:21:38 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: appeal2

We ARE Argentina. Few on here would ever understand. I don’t have the time nor the will to explain it anymore.


36 posted on 10/06/2023 11:23:17 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: appeal2

It’s mote like bonds only give a static interest while inflation is skyrocketing past that interest rate, and stock give better returns. People are dumping low interest bonds to get to higher return investments.


37 posted on 10/06/2023 11:30:07 AM PDT by CodeToad (Arm Up! They Have!)
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To: appeal2
sell long duration bond exposure and invest in short term US government debt.

Erhh, buy bitcoin rather. I noticed it's been rising lately despite the efforts to tighten the money supply. Swimming against the current to escape what is coming makes sense. Trading worthless fiat cash instruments for other worthless fiat cash instruments does not.

38 posted on 10/06/2023 11:36:54 AM PDT by EnderWiggin1970
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To: politicket

“The rampant demand for the Eurodollar right now shows that nations can’t get enough dollars for international settlement during this global period of monetary deflation.”


If that is true then what is the reasoning for the dollar’s drop today? Talk about inflationary!!! BOHICA! And, it is going to be painful!


39 posted on 10/06/2023 11:42:45 AM PDT by CFW (I will not comply!)
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To: CFW
...what is the reasoning for the dollar’s drop today?

The dollar actually jumped to 107 after the release of the NFP report this morning - then investors took time to realize that this will drive treasury yields higher over the coming weeks - causing a drop to down 34 basis points on the day.

Still quite a bit stronger than a month ago...

40 posted on 10/06/2023 11:57:23 AM PDT by politicket
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