The Great Taking

The bond market matters regardless of what’s happening in the stock market. And that’s why traders are reaching for non-government money.

A seemingly innocuous $2 billion Treasury announcement… economic warfare in Iran… and boom! A $1.3 trillion move in gold and silver.

America’s debt load is colliding with higher borrowing costs and weaker Treasury demand, creating a mess that’s getting harder to ignore.

Wall Street is all-in on stocks just as the world’s oil safety net is running dangerously thin. And that’s a combination worth watching…