RE:psychosis If these people are correct (and don't trust Bloomberg), then POG should continue trending down. I don't see that. But then I don't have advanced degrees in business or economics. Nor do I hold a privileged in a Manhattan-based brokerage.
However, I am a historian of sorts, and I most certainly recall how bond sellers were extremely aggressive from '76-'78 going into the great inflation ending in early 1980. They were saying that investing in anything other than bonds would be a losing endeavor. They were grossly wrong and probably aware that they were lying.
I suspect that the article you put up is just another example of bond sellers try to salvage what they can ahead of an inflationary storm.
VP