Jim Rogers Says He Plans To Short Treasurys As Soon As This Afternoon

Tyler Durden's picture

And so the Bill Gross juggernaut begins rolling.  Reuters reports that "Influential investment veteran Jim Rogers said on Tuesday he plans to short U.S. Treasuries as soon as this afternoon as he expects the end of quantitative easing to pressure government bonds." Odd. Where have we written/heard that before. But of course, who listens to Bill Gross (the largest bond manager in the world) and Jim Rogers (the co-founder of Quantum) - surely they are no-nothing fools (who just happen to agree with our initial assessment that in the absence of QE2 all bets will be off). Reuters adds: "Rogers said he expects the U.S. dollar to rally when the Federal Reserve's unconventional monetary measure ends in June. "I'm not short bonds yet but I plan to short bonds - maybe this afternoon if I get around to it," Rogers told Reuters Insider television." Recently Jim Rogers correctly pointed out that silver is not in a bubble (a finding confirmed yesterday by Zero Hedge when we demonstrated that non-commercial spec longs in silver are at 2 year low) and continues to be long precious metals until such time as silver really hits the parabolic phase, well north of $100 (by which point the dollar will likely be confetti anyway). So as ever more influential asset managers turn outright hostile on rates, just how much longer will the Fed's vol selling yield suppression scheme work for?

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IdioTsincracY's picture

Here comes the push for QE3!

JW n FL's picture

Corporations Own the Lobby!

The Lobby Owns the Government!

Law Enforcement works for the Duly Elected Lobby Whores!

We the People = Screwed!


The Senate is trying to HIDE!! HUGE!!! Contribution Dollars from Government “Military” Contractors with the Argument of “Free Speech” http://goo.gl/35V9l


Social Security - Robbing The Middle Class http://goo.gl/m8QMq  $2.5 Trillion Dollar Surplus! Money! You have I.O.U.'s NOT! a Surplus!


http://goo.gl/FnxBZ  Treasury Direct $14 Trillion Debt / http://goo.gl/TMl74   $15 Trillion in Loans / http://goo.gl/EXzal  / ='s $29T ---------------------------------------> Iran says $30+ Trillion..


http://goo.gl/OeC1A Miami Metro Dade Police Predator Drone on Patrol & coming to a City near YOU! NEXT!

http://goo.gl/itJiJ (YouTube Video) Why does the military train to rescue bankers?


Have a Political View? Share this view on Twitter or Blog? **YOU!** are a Terrorist PER Homeland Security http://goo.gl/0YRnN See Link(s) and Official Report(s).


I can post more but the facts are these...

1. The Government is Bought and Paid for! but Corporations that have a 0% FED window to draw down from to pay for their Lobby with that "We the People" backstop.

2. The Poor have nothing left to steal so on to the Middle the Blood Suckers Go!

3. The Monies being stolen are FUCKING STAR WARS NUMBERS!

4. The Government is treating "We the People" like they treat Terrorists in war time theatre of operations.

5. The Fact that you are reading this post of mine! puts you on a list and makes you a Home Grown Terrorist, see the links for Home Land Securities own words..

6. watch this video for some good facts.. its long, but it touches on a lot!

Death of America Movie “Fall of the Republic” HQ full length version



&! if you still think that tax cuts are the answer...

http://goo.gl/cgg4O General Electric $14.2 Billion in Profits, Pays $0 in U.S. Taxes

$39M Dollar Lobby in 2010 $14B in Profits =’s NO TAXES PAID! http://goo.gl/rZLDY

$10 billion sale of F.D.I.C.-backed debt http://dealbook.nytimes.com/2009/01/06/ge-capital-begins-10-billion-debt-sale/


augie's picture

do you have a blog or something? All this good info and i end up losing it in the malstrom.

JW n FL's picture

I do not have a blog.. I am just an old timer here who is pro active in spreading the truth.

I now tweet and try to get people to come here.


I leave the heavy lifting for Tyler and the guys! I just cheerlead! I have the legs for it.

synonym's picture

Yes, thanks. Appreciated. Keep up the good work and the routines...

cossack55's picture

Yeah, baby.

Just thought I'd respond in case I failed to get on the list for any of the 6,985 infractions I have committed.

flacon's picture

Jim Rogers Says He Plans To Short Treasurys As Soon As This Afternoon


Good. Blow that fuckin shit up! It's high time that people were punished for buying the debt of another. Thats buying and selling of human souls. Mankind doesn't deserve to be enslaved like that - even though they want to. What is slavery anyway? (Buying and selling of human souls). 



OldPhart's picture

It gets worse...

How about MERS running investments based on your life?



MaximumPig's picture

So punish the buyers but reward the sellers?  

topcallingtroll's picture

Actually you make a good case that massive tax cuts are the answer.

If the government is totally broke and has no money to give away to lobbyists or special interests they will go away.

Nobody lobbies a bum.

Sam Clemons's picture

If bonds sell off, they'll manufacture a recession or something to soften metals and equity prices, draw investors to the "safe" haven bonds, and provide some room for QE3 - 9000 in terms of inflation.



bigelkhorn's picture


The QE3 yes, most people think like sheep, and they want you to think its going to end. Traders are giong to get reamed, just watch!


That guy from FFT is oz is good, I been following him for a while and he called the market crash in 2008. 


I belong to his membership site, its awesome and has live videos and everything to follow along. Makes it

easy to take money from the market even if you are a newbie!. 


His new monthly trading club is opening tomorrow, and over at :-



InconvenientCounterParty's picture

It seems the only thing that supports the $ these days is military conflict.

Uh oh.

High Plains Drifter's picture

if we stopped war, the system would die. perhaps it has been this way for a very long time now.

Don Quixotic's picture

All due respect, but the system would be healthier today if some sheister hadn't sabotaged the Maine. We would have been just fine withouth the Spanish American War... the rich would have been a little worse off, but then no country has been worse off for losing the top 5% while every country has been worse off for attacking the middle 50%.

Hugh G Rection's picture

I am very worried (more so than usual), that they will engineer another major false flag event.  Say what you will about Alex Jones, but he has been right about a lot, like his prediciton in July 2001 of a false flag attack.


I think the Bin Laden bullshit story in Pakistan is going to escalate into conflict with a nuclear armed state, and a false flag detonation on US soil.  WW3 here we come.


Time to get drunk

augie's picture

Cheer up brother, Still cold beer to drink and skirt to chase.

Hugh G Rection's picture

Dungslinger, you're one person I hope is directly in the blast radius

ManOfBliss's picture


baby_BLYTHE's picture

I like Alex Jones for the simple fact he his got young people excited about important issues. I am not a fan of his radio show anymore due the incinsistances and his delivery.

If not for Alex Jones and the type of supporter he has garnered we might not be seeing a loley 75 year old outspoken Texas congressman front running the GOP for 2012.

Fall of the Republic was an awesome film for describing the Federal Reserve and their role in creating the crisis. Plus Max Keiser and Webster Tarpley as show stealers!

ghostfaceinvestah's picture

Where have I heard this before?

Oh yeah, any minute now.

Jim, just STFU and do it.



vote_libertarian_party's picture

Back then the 10yr yield was about 3.95%.


2 years later there is another $3T in US Treasuries floating around.


Come on Jim...SHORT IT!  Be straw that breaks the camels back.

Boston's picture


Scott Minerd, Guggenheim, laid out a BULLISH argument for the next several months in last week's Barron's.

That said, I slashed my net long position yesterday, looking to re-enter (long) on a pullback over the next week or so.

No shorting until QE3 gets "pre-announced".

ghostfaceinvestah's picture

Exactly, USTs will rally once the money printing is done.  Just like last spring.  No different.

Liberty's picture

Why would he want to be short treasuries if he expects the dollar to rally?

6 String's picture

....because if it doesn't make sense, then the trade will always work in this market.

NidStyles's picture

Note the time disparity between "this afternoon", May 10th 2011, and this June when QE2 ends.

DK Delta's picture

Because, you can short the long end of the curve and still be long the dollar with short-term treasuries. If you are betting on a steepening of the yield curve there is nothing inconsistent here.

nope-1004's picture

But, but.... Becky Quick, the manager of..... some kind of fund??? or a purse?? said silver was in a bubble.

Ahhh, who to believe.


High Plains Drifter's picture

becky quick is the oracle of omaha's private nurse........

Lets_Eat_Ben's picture

Becky Quick is the whore of Babylon

Liberty's picture

Why would he want to be short treasuries if he expects the dollar to rally?

tao400's picture

Because when the treasury goes down, interest rates go up. when interest goes up the dollar rallies or gets stronger.