Full-Blown Bond Market Crisis in 2012 & Gold

Posted by Michael Pento - Kings World

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With continued turmoil in global markets and gold remaining firm in the mid $1700s, today Michael Pento, of Pento Portfolio Strategies explains for King World News readers globally why a full-blown bond market crisis is coming in 2012 and how investors should prepare, “The European debt debacle continues to unravel and yet many investors fail to recognize the profound ramifications of taking the largest economy on the planet offline.  EU 27, which has a GDP north of $16 trillion, is the largest export destination of some of the world’s fastest growing economies.”