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Reply #8: Treasuries are now a bubble [View All]

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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 09:40 PM
Response to Reply #3
8. Treasuries are now a bubble
Edited on Sun Mar-15-09 09:44 PM by Po_d Mainiac
Unless you actually own them, and hold till maturity. Even then, the interest rate paid on a mature note is going to pale in comparison to inflation.

T-bill mutual funds are poised to drop like so many stones.

If the prices of pre 1964 US silver coins is an indicator, a lot of people are betting against the greenback. At the current spot price for silver (10:22pm EDT) 90% US silver coins have a melt value of $9.28. Wholesalers are paying $10.40 and up for bulk. I have traded silver coins for decades, and never witnessed this phenomenon.

Oil could hit $20 a barrel if demand continues to fall, and production fails to follow suit. It could also hit $400 if the greenback no longer is traded as the petro-dollar. World banks would shed USD's at warp speed to acquire the replacement currency.

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  -Is our dollar the next bubble waiting to break? screembloodymurder  Mar-15-09 05:31 PM   #0 
  - Water.....what a great idea. Don't forget to flush twice.  Double T   Mar-15-09 05:38 PM   #1 
  - Just for clarification  Art_from_Ark   Mar-16-09 10:23 PM   #13 
  - better  paulsby   Mar-15-09 05:39 PM   #2 
  - How do you play oil?  screembloodymurder   Mar-15-09 07:22 PM   #6 
     - there is an exchange traded fund  paulsby   Mar-15-09 07:25 PM   #7 
        - OIL is another ticker to play crude n/t  Po_d Mainiac   Mar-15-09 09:42 PM   #9 
           - Thanks!  screembloodymurder   Mar-16-09 07:16 AM   #11 
  - I'm playing it ultra safe: US Treasuries.  GoesTo11   Mar-15-09 05:50 PM   #3 
  - Treasuries are now a bubble  Po_d Mainiac   Mar-15-09 09:40 PM   #8 
     - Damn, I'm sorting thru my change jar.  screembloodymurder   Mar-16-09 07:15 AM   #10 
        - I should have phrased better  Po_d Mainiac   Mar-16-09 07:28 AM   #12 
        - Here's a tip  Danascot   Mar-17-09 07:53 PM   #14 
  - China has been calling for Asian countries to divest the dollar  FreakinDJ   Mar-15-09 05:58 PM   #4 
  - great vid to understand money  ORDagnabbit   Mar-15-09 06:29 PM   #5 

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