Bill Gross: Government Debt is a Ponzi Scheme

Today Bill Gross told reporters at CNBC that massive influxes of capital from
the Federal Reserve “is in fact inflationary, and, if truth be told, somewhat
of a Ponzi scheme.”

Over the past seven months, Mr. Gross has slowly dumped hundreds of millions
of dollars worth of U.S. Treasury bonds in preparation for what he believes
is the end of the bull run in bonds.

Today, he officially announced:

“It will likely signify the end of a great 30-year bull market in bonds, and
the necessity for bond managers and, yes, equity managers to adjust to a new
environment.”

Mr. Gross is the CEO of PIMCO, the world’s largest bond trading firm – so
when he ditches bonds and looks for greener pastures, investors around the
world take notice.

With U.S. Treasury bonds and corporate bonds alike headed for trouble, Chief
Investment Strategist Ian Wyatt of Wyatt Research is seeking out other ways
to boost income.

Mr. Wyatt recently published a full report on three top dividend producing
investments – that have nothing to do with Treasury bonds.

Click here to take a look at the full write up on this income
opportunity.