“Investor Jim Rogers joined Bill Gross, who runs the world’s biggest bond fund, in warning that a rout that sent Treasuries to their biggest loss last month in almost a year probably isn’t over. ‘I’m short long-term government bonds,’ betting the securities will fall, Rogers, the author of the book ‘Street Smarts,’ said yesterday on Bloomberg Radio. ‘I plan to short more. That bull market, that’s a bubble.’ In an interview with Bloomberg News on Oct. 28, 2009, he said Treasuries are the ‘next bubble in the making’ when yields on the 10-year note were 3.42 percent.”
Jim Rogers Joins Bill Gross Warning on Treasuries
- Post author:The Freedom Watch Staff
- Post published:February 8, 2013
- Post category:Network Archives
Tags: Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, investment, Mainstream News, money, Resistance, sound money, The Freedom Watch, Welfare-Warfare State
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network