GoldSeek CEO Peter Spina says bonds cease to be assets when issuer solvency breaks down, warning they can become liabilities in a bankruptcy or Ponzi-like struc

GoldSeek CEO Peter Spina says bonds cease to be assets when issuer solvency breaks down, warning they can become liabilities in a bankruptcy or Ponzi-like structure. He cites gold at $4,434, plus U.S. debt above $40 trillion and a $2 trillion deficit.