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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%4:00 PM EST

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To: carranza2 who wrote (75888)7/2/2011 6:35:05 PM
From: TobagoJack  Read Replies (1) of 217910
 
stock may rally to anticipate the terminal collapse of the dollar

as and when everything rallies we should suspect that which everything is rallying against

just in in-tray

From: W
Sent: Sun, July 3, 2011 1:46:31 AM
Subject: Semiannual Interest-Rate Roundup - Barrons.com


Median forecast is 3.75 on 10yrs by yr end. That's my expectations as well due to stronger growth.

Additional kicker is failure by Washington to resolve debt limit which is 15% prob in my mind. In that case yields would blow out massively and we should be positioned for that. Look at minnesota which shut down on fri after failure to reach agreement.

Note also failure of passage of 700b tarp on the first try and mkts tanked.

Buy gld and tbt on dips even as we buy xlf ,spy, ewj, jnk, cim (old curve should steepen helping nly and cim)

Funny thing in Calif. We passed state wide resolution to stop payment of wages to state congressman if they pass the deadline for budget passage. Pure economic incentives, this yr after many yrs of gridlock, we had balanced budget on time.

-W

online.barrons.com
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