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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: Frank Pembleton who wrote (44791)6/20/2013 3:10:46 PM
From: Wade1 Recommendation

Recommended By
Mike M2

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The Fed may be losing control of the UST market at here.

Big money wants to get out of it, not because of better economy or inflation or tapering. It is just stupid to own UST at this yield and massive federal deficits. It could be just so simple only BB and WS want to make it looks like a complicated issue.

Chasing for yields is going to kill you as well. One month drop of 10- year note wiped out 3 to 4 years interest earned:

barchart.com*0
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