Bill Gross says only gold and real assets will thrive in fiscal 'ring of fire' -

Bill Gross says only gold and real assets will thrive in fiscal 'ring of fire' - The Tell - MarketWatch

“Unless we begin to close this gap, then the inevitable result will be that our debt/GDP ratio will continue to rise, the Fed would print money to pay for the deficiency, inflation would follow and the dollar would inevitably decline. Bonds would be burned to a crisp and stocks would certainly be singed; only gold and real assets would thrive within the ‘ring of fire,’” Gross