Gary Shilling thinks the 30-Year Treasury Bond will yield 3% on deflation (video), however, Michael Pento (now at Euro Pacific Capital) thinks a sovereign debt crisis is 3 years away. The US Dollar Index is very close to testing its200 day moving average. $UUP (US Dollar Index Bullish ETF) tested it today and bounced. Schiff was recently on Tech Ticker saying interest rates should be higher, the US Dollar is a "bottomless pit", real estate prices are still too high and the Dow will keep falling in real terms (priced in gold). See the videos below.
Harvard's Niall Ferguson recently told Bloomberg that the US Treasury bond vigilantes will eventually hit the United States (video) and the Black Swan, Nassim Nicholas Taleb, thinks Government deficits could be the next "black swan" event (BusinessWeek). It seems like higher Treasury yields are inevitable and hopefully as a result of real inflationary growth. The question is will the 30-Year Treasury Yield hit 3% before 10%?