A Bond Cave™ is a noetic mindset where an investor is scared out of securities and commodities markets and retreats into fixed-income, bond markets in the belief that the
financial world will soon end. Because most fixed-income products take time to mature, those who retreat into a Bond Cave™ are said to be
hibernating. A well-stocked Bond Cave™ includes circumstantial talk about accumulating tangible assets like gold, guns, ammo, and may include
additional ambitions of establishing a personal fiefdom as a benevolent despot.
Did Mike get
knocked out of the market? No, he is hibernating in his Bond Cave™, hiding under a table listening for scary noises and waiting for the sky to fall.
Or
I recommend a
conservative position in a Bond Cave™, trusting to fixed-income, wealth management products to weather this
economic downturn.