Pages

Sunday, February 08, 2009

Treasuries TLT - why it is The Bubble and why it is bursting. TYX, TNX, FVX, DXY, GDX, HUI, XAU


Tonight it looks like we are in a positive mode and everything is going up, we are pulling this chart for a change.
Nothing to add here to the picture.
Casualties are to follow: first US Dollar to break down and then FED to become technically insolvent. All those rushed into "Safe Heaven" play are sitting on a huge for a bond market losses, surprise for a lot of players will be that they will never come back until maturity in a new Bear market for Treasuries. If we are right in our suspicion that all those Cayman buyers of Treasuries are hiding FED agents among them, picture of Deterioration is FRIGHTENING.

No comments:

Post a Comment