Negative interest rates have arrived. You now pay for the privilege of lending money.

Did you know?  People are actually paying interest to hold German government 10 year bonds, paying to lend.

As an example, the 10-year German bond yield is now -0.30%. Yes, this is negative-yielding debt. Investors now pay for the pleasure of investing in 10-year German government debt.”

https://www.kitco.com/news/2019-07-03/Could-Gold-s-Rally-Point-To-A-Real-Deflation-Threat.html

If this continues, bullion prices can only rise, according to many experts.  Hopefully it’s all just a blip.  But it’s not just Germany.

 

 

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