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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (114366)7/6/2008 12:23:31 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, It does have a distribution rate of 6.11%, which is not the same as yield. Distribution can include capital gains and return of capital.

It has lost total return since launch, which includes the distribution, so there is less to the yield than meets the eye.

This fund looks like a terrific hedge against a weak dollar, but I am of the belief that that train is coming into the station and we need to find others to ride. Without Bush beating up America's store of value, the dollar will rise again.

If you disagree with my macro assessment, the only knocks on the fund are a slight premium and the Single A and BBB credits. When a sovereign nation gets a BBB credit rating, you have to wonder.



To: Tommaso who wrote (114366)7/8/2008 7:15:10 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Iraq is INSISTING on a timetable to pull out the U.S. Army of Occupation. Man, that raises lots of questions:

1. Since every action their army has fought alone, the U.S. troops have had to bail them out of, what makes them think they can handle the job alone? They must think so, because our flunkies in the puppet govt. know what happens to them if their army collapses, as usual, and G.I.s are not there to save the day.

2. Have we created a long term enemy in Iraq, no matter who finally runs the place? My guess is, for sure.

3. Will they allow our guys to pull out peacefully, or will this be another airlift from the roof of the Embassy?

4. Have the U.S. troops in Iraq been ruined, or could they be re-deployed to the real war in Afghanistan? My best guess is that some can, some can't.

5. Will we oust the puppets and try marionettes next time?