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


To: Knighty Tin who wrote (119381)9/22/2009 11:35:09 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
Knighty, do you think there is an interest rate play here in TBT? rates seem to be very low - especially given that the FED is buying fully half of its newly issued treasuries and they are 80% of the MBS market.

supposedly, they stop doing this in october, but they can't unless interest rates sky rocket to attract an extra trillion a year in debt.

if they leave the MBS market, it collapses.

if the government doesn't get out of the monetizing business as promised, the bond vigilantes should strike.

i'm thinking TBT might be just ahead of a potential very explosive move.



To: Knighty Tin who wrote (119381)9/23/2009 1:37:21 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 132070
 
This is just like my dog!!

Subject: Fwd: A genius Dog

As a butcher is shooing a dog from his shop, he sees $10 and a note in his mouth, reading: "10 pork chops, please." Amazed, he takes the money, puts a bag of chops in the dog's mouth, and quickly closes the shop. He follows the dog and watches him wait for a green light, look both ways, and trot across the road to a bus stop. The dog checks the timetable and sits on the bench. When a bus arrives, he walks around to the front and looks at the number, then boards the bus. The butcher follows, dumbstruck.

As the bus travels out into the suburbs, the dog takes in the scenery. After awhile he stands on his back paws to push the "stop" button, then the butcher follows him off.

The dog runs up to a house and drops his bag on the step. He goes back down the path, takes a big run, and throws himself - Whap!- against the door. He does this again and again. No answer. So he jumps on a wall, walks around the garden, beats his head against a window, jumps off, and waits at the front door. A big guy opens it and starts cursing and pummel

ing the dog.

The butcher runs up screams at the guy: "What the hell are you doing? This dog's a genius!"

The owner responds, "Genius, my a**. It's the second time this week he's forgotten his key!"