Wednesday, July 29, 2009

BOND MARKET STARTING TO CRACK...?

THERE IS SUDDENLY TROUBLE SELLING THE MASSIVE AMOUNTS OF US BONDS THAT ARE NEEDED TO FUND THE AMERICAN ZOMBIE ECONOMY...

PERHAPS THE CHINESE..CAME...SAW...AND STARTED DUMPING US BONDS...AFTER THE SUMMIT LAST WEEK...?

IT JUST STANDS TO REASON THAT BONDS ARE GOING TO NEED A MORE REASONABLE RATE THAN THE FED'S CURRENT ZERO...!

THE TROUBLE IN THE BOND MARKET IS SERIOUS...

AND IT COULD BE THE 800 POUND GORILLA HIDING IN THE WALL STREET WOOD PILE..!

GOLD NOW... FOR THE DURATION OF THIS SUMMER OF OUR DISCONTENT...