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


To: GuinnessGuy who wrote (119176)8/19/2009 12:02:56 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Craig, that was a good article. I am still in TBT in half a position. We are getting close to the point where I buy the other half again. The reason the bond is up today is because there is talk of the U.S. Dollar losing its reserve status. <VBG> If that happened, the T-Bond would be at 8% in 3 months. I want to be in TBT when that happens and am willing to take a little "business as usual" risk that the Treasury and Fed will be able to keep interest rates low forever.

I am sorry my jokes are so long. You could read the "E" and save the "h" for next trip to the net. <G>