From the MarketRiders blog:
http://www.marketriders.com/blog/2011/0 ... Treasuries
MarketRiders: Why you should buy U.S. Treasuries
Moderator: Global Moderator
MarketRiders: Why you should buy U.S. Treasuries
"Well, if you're gonna sin you might as well be original" -- Mike "The Cool-Person"
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
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murphy_p_t
- Executive Member
- Posts: 1675
- Joined: Fri Jul 02, 2010 3:44 pm
Re: MarketRiders: Why you should buy U.S. Treasuries
from link: "America will cut back its spending, innovate, and pay off its debts. We will earn our way out. It’s just how we do it."
don't make me laugh, seriously.
don't make me laugh, seriously.
Re: MarketRiders: Why you should buy U.S. Treasuries
more like... "America will monitize its debt, tax, and rearrange it's debts... we'll print our way out... It's just how we do it."
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."
- Thomas Paine
- Thomas Paine
Re: MarketRiders: Why you should buy U.S. Treasuries
C'mon man! That's how we roll!
"Well, if you're gonna sin you might as well be original" -- Mike "The Cool-Person"
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
"Yeah, well, that’s just, like, your opinion, man" -- The Dude
Re: MarketRiders: Why you should buy U.S. Treasuries
That is laugh out loud funny. What a great quote.murphy_p_t wrote: from link: "America will cut back its spending, innovate, and pay off its debts. We will earn our way out. It’s just how we do it."
don't make me laugh, seriously.
To be fair, the author is talking about short- to medium-term Treasuries of around 5 years, which really leave you with minimal exposure. The wording is hilarious, though.