“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 35 times, 1 visits today)
Related posts:
Ron Paul: Why Is Washington Backing Saudi Starvation Policy In Yemen?
Edward Snowden: Dialectic Piñata
Jack Lew -- From K Street to Wall Street to Treasury
Deja Vu: The Fed's Real "Policy Error" Was To Encourage Years of Speculation
Robert Mueller's forgotten surveillance crime spree
Leaping to Conclusions
Peter Schiff: Cyprus Lifts the Curtain
“Currency Wars” heating up again! What it means for you
Sitka Pacific Capital Management Client Letter, May 2013
Power to Tax = Power to Destroy
US Gifts $38 Billion In Weapons To Israeli State, Even As U.N. Pulls Back
Where in the World Is It Safe from Terror?
The Shocking Truth About Regulatory Costs
The Smart Money is Investing Here…
Travelers in the VIPR's Nest
