In 2019 I talked a lot about Quantum Economics.
What is Quantum Economics?
It’s the new world we live in. Negative interest rates, high bond prices, strong US dollar, and a stronger gold price.
When I was on a panel at a large resource conference 5 years ago… I stated in the coming years we would have further negative interest rates and higher bond prices. The other panelists and “gurus” stated that was “metaphysically impossible”.
Well, it’s exactly what happened and we are now in an era of Quantum Economics.
Be careful of following a dated “framework” by a dated guru.
For example, did you know that if you bought a French or German 10-year bond, you’d lose money?
Yes – yields on those 10-year government bonds are negative.
Let’s turn to their neighbor, Switzerland. It’s a pretty safe country so you’d think it would be hard to lose money there right?