Treasuries, another bubble?

[patientrenter]

Someone mentioned this up above, but I’ll repeat it: beware of any asset price that can be manipulated by govt power. Long Treasury prices can be kept high. It’s the dollar that, in the end, will drop. Short of third-world currency controls, the exchange rate cannot be manipulated as easily as internal US financial instruments.

My personal bet is on the Yen as a safe store of value for the next 5-10 years as inflation is engineered in much of the rest of the world.

[stockstradr]

My personal bet is on the Yen…

Dui!

Don’t get me started on Chinese, the culture, the people, the currency.

I know plenty of people (usually Asian) who bought their bank CD’s from Chinese banks. The nominal RMB interest rate on those CD’s is low, but when you factor in the RMB<->USD exchange rate movement, then it looks real good.

I got yellow fever and that’s been working real well for me for about ten years. I eat Chinese food about 29 out of 30 days. The only house I own is in China. I married a beautiful Chinese woman from the mainland (and am VERY happily married). I speak quite a bit of Chinese for a white boy. Much of my money is in Chinese banks. I own Chinese stocks. In my USA home I have my wife and her parents so my home is filled with Chinese people; all my ears hear is Mandarin all day long. But I don’t act Chinese. I am who I am.

China IS the future. America is the past.

I believe the exchange rate will be cross 1:1 within ten years, probably within five years.

[stockstradr]

My personal bet is on the Yen…

Dui!

Don’t get me started on Chinese, the culture, the people, the currency.

I know plenty of people (usually Asian) who bought their bank CD’s from Chinese banks. The nominal RMB interest rate on those CD’s is low, but when you factor in the RMB<->USD exchange rate movement, then it looks real good.

I got yellow fever and that’s been working real well for me for about ten years. I eat Chinese food about 29 out of 30 days. The only house I own is in China. I married a beautiful Chinese woman from the mainland (and am VERY happily married). I speak quite a bit of Chinese for a white boy. Much of my money is in Chinese banks. I own Chinese stocks. In my USA home I have my wife and her parents so my home is filled with Chinese people; all my ears hear is Mandarin all day long. But I don’t act Chinese. I am who I am.

China IS the future. America is the past.

I believe the exchange rate will be cross 1:1 within ten years, probably within five years.

[stockstradr]

My personal bet is on the Yen…

Dui!

Don’t get me started on Chinese, the culture, the people, the currency.

I know plenty of people (usually Asian) who bought their bank CD’s from Chinese banks. The nominal RMB interest rate on those CD’s is low, but when you factor in the RMB<->USD exchange rate movement, then it looks real good.

I got yellow fever and that’s been working real well for me for about ten years. I eat Chinese food about 29 out of 30 days. The only house I own is in China. I married a beautiful Chinese woman from the mainland (and am VERY happily married). I speak quite a bit of Chinese for a white boy. Much of my money is in Chinese banks. I own Chinese stocks. In my USA home I have my wife and her parents so my home is filled with Chinese people; all my ears hear is Mandarin all day long. But I don’t act Chinese. I am who I am.

China IS the future. America is the past.

I believe the exchange rate will be cross 1:1 within ten years, probably within five years.

[stockstradr]

My personal bet is on the Yen…

Dui!

Don’t get me started on Chinese, the culture, the people, the currency.

I know plenty of people (usually Asian) who bought their bank CD’s from Chinese banks. The nominal RMB interest rate on those CD’s is low, but when you factor in the RMB<->USD exchange rate movement, then it looks real good.

I got yellow fever and that’s been working real well for me for about ten years. I eat Chinese food about 29 out of 30 days. The only house I own is in China. I married a beautiful Chinese woman from the mainland (and am VERY happily married). I speak quite a bit of Chinese for a white boy. Much of my money is in Chinese banks. I own Chinese stocks. In my USA home I have my wife and her parents so my home is filled with Chinese people; all my ears hear is Mandarin all day long. But I don’t act Chinese. I am who I am.

China IS the future. America is the past.

I believe the exchange rate will be cross 1:1 within ten years, probably within five years.

[stockstradr]

My personal bet is on the Yen…

Dui!

Don’t get me started on Chinese, the culture, the people, the currency.

I know plenty of people (usually Asian) who bought their bank CD’s from Chinese banks. The nominal RMB interest rate on those CD’s is low, but when you factor in the RMB<->USD exchange rate movement, then it looks real good.

I got yellow fever and that’s been working real well for me for about ten years. I eat Chinese food about 29 out of 30 days. The only house I own is in China. I married a beautiful Chinese woman from the mainland (and am VERY happily married). I speak quite a bit of Chinese for a white boy. Much of my money is in Chinese banks. I own Chinese stocks. In my USA home I have my wife and her parents so my home is filled with Chinese people; all my ears hear is Mandarin all day long. But I don’t act Chinese. I am who I am.

China IS the future. America is the past.

I believe the exchange rate will be cross 1:1 within ten years, probably within five years.

[stockstradr]

I looked closer at this short treasuries play. I don’t like it, not yet. I agree it WAS a smart play when pro’s like Jim Rogers spotted it, which we know was more than a week ago.

Those ProShares short treasury ETF’s already moved up over 10% in the last week. On the charts it looks like they already erased much of the “bubble” and besides, it was the 3-month bills that big investors had driven yields way down on anyway. (ProShares at best lets you short the Lehman Brothers 7-10 Year U.S. Treasury Index. The other ProShares short treasury ETF is short the 20-year treasury index.)

I see inflation dropping to zero or going negative sometime during the next 6-9 months. I mean government inflation, and shadowstats inflation. Take a look at the global commodity indexes.

I see continued economic uncertainty. The dollar stays strong short-term into the recession. Investors keep buying treasuries for the short-term.

I think it at least as likely treasury yields on the 7 to 20 term bills will DROP, as we move deeper into this recession.

I think the time to short those treasuries is at the bottom of this recession, say in 6-9 months.

[stockstradr]

I looked closer at this short treasuries play. I don’t like it, not yet. I agree it WAS a smart play when pro’s like Jim Rogers spotted it, which we know was more than a week ago.

Those ProShares short treasury ETF’s already moved up over 10% in the last week. On the charts it looks like they already erased much of the “bubble” and besides, it was the 3-month bills that big investors had driven yields way down on anyway. (ProShares at best lets you short the Lehman Brothers 7-10 Year U.S. Treasury Index. The other ProShares short treasury ETF is short the 20-year treasury index.)

I see inflation dropping to zero or going negative sometime during the next 6-9 months. I mean government inflation, and shadowstats inflation. Take a look at the global commodity indexes.

I see continued economic uncertainty. The dollar stays strong short-term into the recession. Investors keep buying treasuries for the short-term.

I think it at least as likely treasury yields on the 7 to 20 term bills will DROP, as we move deeper into this recession.

I think the time to short those treasuries is at the bottom of this recession, say in 6-9 months.

[stockstradr]

I looked closer at this short treasuries play. I don’t like it, not yet. I agree it WAS a smart play when pro’s like Jim Rogers spotted it, which we know was more than a week ago.

Those ProShares short treasury ETF’s already moved up over 10% in the last week. On the charts it looks like they already erased much of the “bubble” and besides, it was the 3-month bills that big investors had driven yields way down on anyway. (ProShares at best lets you short the Lehman Brothers 7-10 Year U.S. Treasury Index. The other ProShares short treasury ETF is short the 20-year treasury index.)

I see inflation dropping to zero or going negative sometime during the next 6-9 months. I mean government inflation, and shadowstats inflation. Take a look at the global commodity indexes.

I see continued economic uncertainty. The dollar stays strong short-term into the recession. Investors keep buying treasuries for the short-term.

I think it at least as likely treasury yields on the 7 to 20 term bills will DROP, as we move deeper into this recession.

I think the time to short those treasuries is at the bottom of this recession, say in 6-9 months.

[stockstradr]

I looked closer at this short treasuries play. I don’t like it, not yet. I agree it WAS a smart play when pro’s like Jim Rogers spotted it, which we know was more than a week ago.

Those ProShares short treasury ETF’s already moved up over 10% in the last week. On the charts it looks like they already erased much of the “bubble” and besides, it was the 3-month bills that big investors had driven yields way down on anyway. (ProShares at best lets you short the Lehman Brothers 7-10 Year U.S. Treasury Index. The other ProShares short treasury ETF is short the 20-year treasury index.)

I see inflation dropping to zero or going negative sometime during the next 6-9 months. I mean government inflation, and shadowstats inflation. Take a look at the global commodity indexes.

I see continued economic uncertainty. The dollar stays strong short-term into the recession. Investors keep buying treasuries for the short-term.

I think it at least as likely treasury yields on the 7 to 20 term bills will DROP, as we move deeper into this recession.

I think the time to short those treasuries is at the bottom of this recession, say in 6-9 months.

[stockstradr]

I looked closer at this short treasuries play. I don’t like it, not yet. I agree it WAS a smart play when pro’s like Jim Rogers spotted it, which we know was more than a week ago.

Those ProShares short treasury ETF’s already moved up over 10% in the last week. On the charts it looks like they already erased much of the “bubble” and besides, it was the 3-month bills that big investors had driven yields way down on anyway. (ProShares at best lets you short the Lehman Brothers 7-10 Year U.S. Treasury Index. The other ProShares short treasury ETF is short the 20-year treasury index.)

I see inflation dropping to zero or going negative sometime during the next 6-9 months. I mean government inflation, and shadowstats inflation. Take a look at the global commodity indexes.

I see continued economic uncertainty. The dollar stays strong short-term into the recession. Investors keep buying treasuries for the short-term.

I think it at least as likely treasury yields on the 7 to 20 term bills will DROP, as we move deeper into this recession.

I think the time to short those treasuries is at the bottom of this recession, say in 6-9 months.

[Anonymous]

Good call. I think it’s time to start averaging in to the treasury shorts. For the record, TBT is $39.65 and PST is $51.70.

I don’t expect to get rich on these but I can’t see losing.

[Anonymous]

Good call. I think it’s time to start averaging in to the treasury shorts. For the record, TBT is $39.65 and PST is $51.70.

I don’t expect to get rich on these but I can’t see losing.

[Anonymous]

Good call. I think it’s time to start averaging in to the treasury shorts. For the record, TBT is $39.65 and PST is $51.70.

I don’t expect to get rich on these but I can’t see losing.

[Anonymous]

Good call. I think it’s time to start averaging in to the treasury shorts. For the record, TBT is $39.65 and PST is $51.70.

I don’t expect to get rich on these but I can’t see losing.

[Author]

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