SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CommanderCricket who wrote (146857)3/10/2011 5:05:54 PM
From: Dennis Roth   of 206347
 
OT: Could China follow Bill Gross?
DAVID BERMAN
Globe and Mail Update
Posted on Thursday, March 10, 2011 12:23PM EST
theglobeandmail.com

For anyone who is still unconvinced about the significance of PIMCO’s U.S. government bond sale last month, here’s a scary thought from Scotia Capital’s chief currency strategist: What if China followed his lead?

On Wednesday, we reported that Pacific Investment Management Co. – headed by the Bond King himself, Bill Gross – had shed all of its U.S. government debt holdings last month from its $238-billion (U.S.) Total Return Fund, the world’s largest bond fund. (Here is my previous post on the subject.)
[snip]

======

Of course if Uncle Ben does a QE3 as he channels the spirit
of his predecessor, Arther Burns, then Bill Gross may have made
the wrong move.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext