Peter Schiff: Gold to Decouple from Treasuries

It was pretty quiet today in the equity markets; the Dow Jones managed to inch up 37 points, closing at 27,219 but, you know, how we're less than 200 points away from a new all-time record high in the Dow Jones.

But the real action today was in the bond market. If you're suspicious on this Friday the 13th, and you were looking for bad luck, that's where you would have found it, if you were long the bond market. 

Now, I've been talking about this bond market bubble for a long time - it's been inflating for a long time. 

Whether or not it's actually popped, well, we'll have to wait a little longer to find out. But the carnage in the bond market that I mentioned on my last podcast has continued, with bonds continuing to suffer.

- Source, Peter Schiff