- advertisements -
Is the bond bubble going to prick... sending the US economy into a Second Great Depression?
Yes. Either way its going into the Greatest Depression soon, with fangs dripping venom and all. Either bonds collapse, equities collapse, or both since its all fake anyway. No way out.
Oh great. Now you've got the baby crying.
I shed not one tear over this. The American people can have the "take back your country moment" any time they desire.
No one will care until it is too late and their paychecks barley buy the groceries and the gasoline needed to purchase them.
Bullish for sure
Saw you deliver killer Q. to Hoenig at the LSE. Been trying to track you down.
Sent details plus transcript of your comment to ZH and GATA but no bite.
We need more people like you taking on the fraudsters:
Of course, because the FRB owns it all!
So perhaps the treasury should launch a new dollar plus outright default only on the FRB's holding of US debt. Imagine the savings to the country's citizens as a new and properly backed US currency and elimination of FRB's holding would save in interest payments over the short and especially long term.
You're complicating a simple journal entry.
Maniacal buying of bonds today.
Probably the usual suspects:
5) Frightened speculators, hedge funds, mo-mo junkies getting out of Dodge
a good reason why you are such a poor trader is because you focus on everything and nothing at the same time. that's why you lose money holding positions that are in a bull market like gold and silver.
most successful traders develop a plan and work it. you spend the day throwing up ad hoc charts, which distracts your mind from your losing positions, and then project your fears and despondency onto other traders more successful than yourself.
Yeah i think his posts are just fyi. While there are occasional opportunities to take advantage of ( i documented buying cyh yesterday at 25.65 average) a trader needs to stick to only a few asset.classes or a few stocks in my opinion.
Or one or two simple themes like bollinger bands, moving averages, or overbought oversold conditions and apply a basic.disciplined strategy to a larger stock or option universe
Everyone bought real estate just before it crashed as well.
Why the hell is my TBT bond short position NOT MAKING A KILLING TODAY? In fact, it is down big today....... What the F is going on?
It always goes down with the market. Bonds become a safe haven. So they think. Just buy more when the market stops going down.
Long TBT = short bonds. As graphed above, bonds are going up today (interest rates are going down). TBT travels the same direction as interest rates, not bond prices. You will make money when bonds go down (interest rates go up).
Why is it going down?
Because you own it.
"Primary Dealers most certainly do not retain the Treasury securities they purchased at auction..."
That's why they call them "dealers."
and the FED pays them with extra aces which they store up their sleeves
Does look like some serious curve flattening positions being put on. Will be curious to see how 3 year comes today and how much other Treasuries in maturity area needed to be sold to make room. Also think some dealers and others are getting twitchy again about who is on the other side of repo. Name quality and liquidity concerns underneath. Mini rumors.
Seriously, I have a bundle of TBT Jan 12 Calls (Strike 48), this shit needs to move man
TBT will go back up. So will TBF and PST.
TBT is a double inverse (ultra-short) ETF.
That means that its eventual value is ZERO.
Good luck with those long-dated out-of-the-money calls.
2 years ago I labled it "the Fed Bubble."
How hard was that to figure.
So here we are just like the housing bubbble, it is about to burst and the Fed is the one hiding that fact.
Target date... mid May 2011.
Ya really think so? Really? I'm not questinging it. You are prob more knowledgable than I am but I was hoping maybe you could shed some light on why it will burst soon. Treat me like a two year old. I do act like one so it isnt hard.
Wow shocker - did it ever occur that the 2008 fiasco was a contrived collapse to liquidate fixed income off the bankster's books? It did to me and this helps to confirm this. It was also suggested, by me, that the suspension of MTM accounting was not to reveal losses but to not reveal GAINS for what the banksters picked up after their put to the Fed.
How else were the banksters going to take that much paper down if not with a collapse that forced a bunch of people to pick up fixed income at exactly the wrong time.
It was the greatest heist in history hidden behind a contrived financial crisis.
Wow. I never thought of it that way. You opened my eyes to whole different game that i didn't even think of. Wow. Thanks. Fo real.
The USA debt is anyway going to crash correct, so why buy it ? I think only USD notes and overnight deposits are safe from haircut of some level. Coming in parts very soon, the haircuts. In the end, crash will also get to USA treasuries. Gold standard excluding Treasuries or what else? No hyperinflation, that is sure.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.