Shorting treasury bonds seems too obvious – when the game is that obvious I have to wonder who’s being gamed
Bill Gross at Pimco appears to be talking about moving out of treasury bonds and into municipal bonds since the cities and states are likely to be receiving bailouts in 2009 – does that mean I should be front running Pimco and the govt by buying municipal bonds?
My current strategy is to stay the hell out of Wall Street’s games and protect my assets – in 2008 that strategy kept me from losing 40-50% in equities while both of my gold coins increased in value by 5%
Please enlighten me as to how I can play the game – thanks!