Negative 2Y Government Bonds

Source: Bloomberg

Now the Finnish government is being paid to borrow ... that's not a joke(r)!

Looks like some investors are extremely scared on where to put their money (whether is it banks, stocks or other investments). They rather choose to lend that money to the government and pay a small interest in return of it to act as a safety box.

I could keep their money under my mattresses :-), although I suppose I don't have enough of them since there are plenty of wealthy distress savers...

For sure, they (investors, some wealthy well advised) see it coming and they invested in Gold (hence the record level), they also invested in real estate, commodities etc... now they are to scared as it could reverse faster than they will have time to recall their investment...

I suggest them, especially in Finland to continue putting their money in real estate (since bank only guarantee about 100 000 eur )...the wealthy (i.e  saving greater than 0.5 million euro) should prop up the housing price to level that can be recorded in the Guinness record book for the housing price in Finland.

Unless everybody is right, investors are foreseeing financial armageddon in the next 2 years. Wouldthe depositor be ripped off in the same manner as they did during ex-ante Germany WWII... the answer in the hand of Mr Draghi... by an unfortunate (?) combination of events, central banks holds the key to this crisis - so Draghi, Bernanke  will have to act right and fast.