“Get out now. You can ask all the questions you want later. Everyone saw (or still sees) a turn in the bond market coming. Bonds have been going up for 33 years. They can’t go up forever. What can’t last forever has to stop sometime. This seems like as good a time as any. But everyone cannot get out of their bond investments at the same time in a calm, orderly way. Some will hesitate… wait too long… and then, every bounce will encourage them to wait longer, hoping to recover their losses. Others will stumble and be crushed underfoot, selling their bonds at panic prices. Is the panic happening already? No. We’ve only smelled the first faint whiffs of fear.”
http://www.billbonnersdiary.com/articles/bonner-bear-bonds.html
(Visited 34 times, 1 visits today)
Related posts:
How Responsible Is Obama for the Oklahoma Killing?
‘Inside the law enforcement bubble’
Where in Constitution Is CIA Absolved of Its Multitude of Crimes?
Ron Paul: A House Divided Over NSA Spying on Americans
The National Security State's Incestuous Relationship with the Islamic State
Rothbard is Conquering! -- Lew Rockwell on The Robert Wenzel Show
Ron Paul: Iraq Collapse Shows Bankruptcy of Interventionism
Don't Photoshop Obama
Krugman Admits Keynesian “Economics” Is About Empowering the State
The Smartphone Wars: Nokia gives it up for Microsoft
Paul Craig Roberts: Washington Is Driving The World To The Final War
For Pakistanis It’s A Boston Marathon Bombing Nearly Everyday
When Dominance Leads to Incompetence and Catastrophe
Should Advocates of Small Government Escape to Canada?
Bernanke Hates This Fed Candidate