| Subject: | Buy America! |
|---|---|
| Date: | Mon, 7 Mar 2011 12:10:14 -0800 |
| From: | Jas Jain |
By that I mean the American dollar and American Treasury bonds. I am sure that it has not escaped most of those who follow financial markets that crooks and dopes alike are negative on the dollar and the Treasuries. What more can a true contrarian wish for. Foreigners, especially, the Indians and the Swiss, who buy the long-term US Treasury Strips are going to be doubly rewarded.
A Great American patriot,
Jas
PS: Needless to point out that those who voted for and defend evildoers GW Bush and Obama are unpatriotic. Actually, these evildoers' actions are responsible for the dollar and the long-term US Treasuries being undervalued. Sadly, Crooks and evildoers do provide opportunities for speculators and investors, at home and abroad.
Interest rates are starting to go up on the long end while the short term rates are terribly low. Today's survey or CD rates at the largest US banks shows BofA advertises 2.25% for a 5-year CD with Citibank paying the lowest for 5-years at 2.0%. Historical CD Rate Graphs
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