| Subject: | RE: The Contrarian Trade of the Decade |
|---|---|
| Date: | Tue, 23 Mar 2010 07:43:50 -0700 |
| From: | Jas Jain |
Jas: "Even a better Contrarian Trade of the Decade has to be long-term US Treasuries."
"Jas, It's possibly an even better and more contrarian position than even you are aware of. Consider. I wholeheartedly agree that long term treasuries are a good play here. But despite my deflationary and bearish views, I still don't have the guts to pull the trigger and buy anything beyond the ten year. When the bulls AND the bears won't touch them, you're likely getting a very good price. Regards, AS"
No guts no glory! In my own accounts my returns on long-term US Treasuries easily eclipse anyone in the world that I know of (I did start hedging when they went up exponentially during Nov.-Dec.'08) leaving the Bond King, Buffett (BRK.A), and the likes in the dust. Conviction is very important. Betting against "Printing Money" inflationist liars like Marc Faber, Jim Rogers and Peter Schiff isn't very difficult (there is no printing of money going on in the US). Hell, these propagandists give me added conviction. Before the UST Treasuries could crash the global financial system would crash for sure. The inflation whiff alone would do it. Far more than the junk food Americans were raised on economic and political propaganda. They can't shake it and it shows.
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