|From: porterk (Rep: 27)||Date: 07/08/2011 08:12|
|Forum: Wall Street Pit - Msg #2150871 - List TBT msgs ||Thread #673254819 (Rec: 0) |
|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)
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We need to stop the clock!
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