Jim Rogers Shorting 30-Year Treasury Bonds
"I cannot imagine or conceive lending money to the United States government for 30-years at 3, 4, 5 or 6 percent — you pick a number — in U.S. dollars.
There may be rallies, I may be forced to cover, I probably will cover somewhere along the line, but I'm short the bond and plan somewhere in the next week, month or year to short a lot of them. - in CNBC"
Tickers: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)
http://jimrogers-investments.blogspot.com/2011/07/shorting-30-year-treasury-bonds.html
Share This Post:
   
We need to stop the clock! http://www.usdebtclock.org/ | |
|
12.24
0.56
