Portrait of Deflation

We are careening into the Black Hole of Zero Interest Rates (and zero capital), unless permanent gold backwardation short-circuits the process and forces the world to rebuild from barter.

Or we could just open the Mint.

The Black Hole of Zero Interest
Graph showing 30+ year decline in US 10YR Treasury bond yields

Avert your eyes or grab some popcorn. Bond bears will be gored.