1. Discuss politics - join our community by registering for free here! HOP - the political discussion forum

bonds are going down..IMHO

Discussion in 'Business & Economics' started by nobull, Apr 7, 2011.

  1. nobull

    nobull Well-Known Member

    Joined:
    Sep 27, 2010
    Messages:
    402
    Likes Received:
    0
    Waiting for the bond market collapse. I think the Republican budget plan addresses much of the concern of Americans over the future and as this plan gets traction, it will become very compelling. This is the fist time in history when an budget with fiscal restraint that doesn't choke off the economy was envisioned. Net result, I expect the bond market to collapse and huge floods of money poured into equities. As it stands now the US is terrified of obama and what the liberals have done to cause all this debt. When all of IRS collections go to pay the interest on debt, you should be scared.

    I expect to see gold start to tumble and I am presently short oil and I have been short the bond market for the last six months or so.

    regards
    doug
     
  2. TruthSeeker

    TruthSeeker Well-Known Member

    Joined:
    Mar 27, 2011
    Messages:
    836
    Likes Received:
    0
    Hold on to that paper, nobull. Gold and silver will be the only legitimate monetary unit of exchange soon enough, and you'll be penniless.

    You are stuck in the "gold and silver are commodities" mode, and it's going to cost you.

    I love it when stock market and commodities manipulators lose their shirts.
     
  3. nobull

    nobull Well-Known Member

    Joined:
    Sep 27, 2010
    Messages:
    402
    Likes Received:
    0
    If history repeats we will see gold at around 650.00...and siver your guess is as good as mine..

    good luck
    doug
     
  4. Dr.Who

    Dr.Who Well-Known Member

    Joined:
    Jul 11, 2007
    Messages:
    6,776
    Likes Received:
    251
    Location:
    Horse Country
    Investors have only a limited number of places to put their money. What happens if all those places are unstable and fail to deliver returns?

    I still think that if all paper loses large amounts of value that gold and silver won't be very trade-able either.

    Who is going to buy your silver or trade food for silver in a world that is falling apart at the seams? If you do find a person who wants your silver will your exchange rate have no losses for you?

    If it ever gets that bad you want to be in a position to be trading food for food. And if it never gets that bad you can always eat your own food.
     
Loading...

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice