| Subject: | Bond King's Record on US Treasuries IS Nothing Short of Horrible |
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| Date: | Thu, 20 May 2010 08:55:37 -0700 |
Bond King's Record on US Treasuries IS Nothing Short of Horrible
David Rosenberg (my favorite economist, a rare honest man in a profession dominated by crook's agents); 05/20/10:
"According to Bloomberg, Bill Gross is now back buying Treasuries after dissing them a month ago."
This born-and-bred American dope (Bill Gross) raised his range for 10-Year Note to 4.0-6.5% after he hired that another born-and-bred American dope, Alan Greenspan, in 2006 after his term expired, who said that 10-Year Note rate would be in 6-8% range. Since than Grossly ill-informed Bill has made many bad calls on the US Treasuries. Greenspan and Gross, both Financial Nazis of America, qualify as economics morons because at 6% on 10-Year Note the super-leveraged global economies would collapse and we would be in depression shortly after that. Only in a nation of dopes do we call these morons Bind King and Maestro. There is a reason why Americans are born-and-bred dopes in the areas of economics, investments and political system. They listen to experts!!!! Democracy brought German Nazis to power in Germany and Financial Nazis to power in America. Only ignoramuses think that Financial Nazis could save the US economy and the current system. Their primary tool has been FRAUD!
If I may be permitted some immodesty, my record on US Treasuries is second to none. I am no expert, merely a crank.
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