-------- Original Message --------
| Subject: | RE: [Bill Gross] 30 yr bull market in bonds is over |
|---|---|
| Date: | Thu, 28 Oct 2010 04:47:29 -0700 |
| From: | Jas Jain |
Date: Thu, 28 Oct 2010 01:10:40 +0100
Subject: 30 yr bull market in bonds is over
To: jas_jain
| http://www.calculatedriskblog.com/2010/10/pimcos-gross-30-year-bull-market-in.html They call him bond king. He must be right :) A gal on CNBC pointed out that he has been calling for the end of the bull market in US Treasuries for years. After this Crook hired evildoer Greenspan, in 2006?, he raised his range for 10-year Note from 3-4.5% to 4-6.5%! At the time, Greenspan himself said the 10-Year yield would go to 6-8%. Maybe, after Greenspan is dead. It is the Crooks like Bill Gross and evildoers like Bernanke and Greenspan (someone on CNBC blamed these two evildoers for the problems, finally), financial manipulators all, that America is in the troubles it is today. Born-and-bred American dopes suffer from the Cult of Personality; therefore they are lot more likely to listen to Gross than some crank with far superior record in forecasting US Treasuries. Americans have been screwed by the System of the Crooks. And there is no change. Americans vote to get screwed more! The dopes can't get enough!! Dopes have no one to blame but themselves for actively supporting Crooks. Jas |
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