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| Subject: | RE: [Jas Jain Commentary] RE: Jeremy Siegel and Jeremy Schwartz Say Bonds Are In ... |
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| Date: | Wed, 18 Aug 2010 13:15:52 -0700 |
| From: | Jas Jain |
| To: | Kirk Lindstrom |
Kirk Here. If the Fed is running the printing presses full speed to buy up Treasuries, doesn't that make owning them risky, especially for the next year or two or until after we get a spike of inflation? You would think "the boys" will run the market up to make the GM IPO successful to get the government off the backs of GM. Long-term, you are probably right that entropy will move wealth from the US to the emerging markets.
Hello Kirk,
People have been asking me this question and warning me for at least 4 years. I was hedged in 2008 and I am now partially hedged via options on the long bond future. I am quite certain about the deflationary outcome over the next two years. First, we need confirmation of the Double Dip (actually one big dip, but people would call it the second recession since 2007).
Jas
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I don't understand how people would buy GM bonds or the preferred other than for a trade after Obama has already shown he will break the law and take equity from bond holders to give the unions.... but that is another question for another day.
-------- Original Message --------
| Subject: | RE: [Jas Jain Commentary] Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bu... |
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| Date: | Wed, 18 Aug 2010 12:47:22 -0700 |
| From: | Jas Jain |
I was going to post that in the morning but there are more important things that needed posting.
Guy is a certifiable Crooks' agent. They get him on CNBC and Bloomberg to pump the Scam Market most of the time, but now they need to trash the Treasuries in order to get moeny into the Scam Market.
Jas
Date: Wed, 18 Aug 2010 12:37:04 -0700
From: Kirk Lindstrom
To: jas_jain
Subject: [Jas Jain Commentary] Jeremy Siegel and Jeremy Schwartz Say Bonds Are In A Bu...
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