Four Alternatives to Holding Your Savings in a Bank

by Simon Black
Sovereign Man

“Global yields lowest in 500 years of recorded history. $10 trillion of neg. rate bonds. This is a supernova that will explode one day.”

Those were the words of famed bond fund manager Bill Gross.

(Gross was actually the first portfolio manager inducted into the Fixed Income Analyst Society’s “Hall of Fame”. And yes, there really is a hall of fame for that.)

Gross wrote that more than $10 trillion in government bonds actually have NEGATIVE yields, and that interest rates are at the lowest levels in financial history.

For example, the British government just issued its lowest-yielding bonds since 1694.

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