Showing posts with label Treasury Bonds. Show all posts
Showing posts with label Treasury Bonds. Show all posts

Friday, December 17, 2010

tHE bOND bUBBLE... IS aBOUT tO bURST!

In 2006 I was a regular part-time daytrader. I had a day job so I didn't make allot of trades but I did use a six figure margin account I had established with one of the well known brokerages. When 2007 rolled around, I got cold feet and got out. I likened my feeling to looking out over a bay... feeling a strong breeze from the West and seeing the sailboats with their sails unfurled ... sailing WEST! (the wrong direction) Something was wrong and I couldn't quite put my finger on it... but luckily for me... I knew enough.

At the time, I wasn't watching Al Jazeera English but there was a gentleman who had also noticed. Here's his report from May of 2007.