Not if teh middle class knows how to benefit from it. Yesterday I outlined how "market driven" rates were "looking liek" they were setting up to move looower at one of Greg's blogs. There was an over-reaction in market driven rates on the news which will adjust out in short order...making this one of teh only true "buy and hold" assets out there soon.
The other "safe haven" of course is the dollah. it is MUCH closer to a buy than longer term govmint bonds. I will be posting my buy call in UUP soon at my blog. Pretty "neat" how you can take your dollars...buy dollars...and generate at least a 25% overall return (minimum) over the next 24 months...no? Sure beats putting your dolars in a passbook savings account...that's for sure.
Not if teh middle class knows how to benefit from it. Yesterday I outlined how "market driven" rates were "looking liek" they were setting up to move looower at one of Greg's blogs. There was an over-reaction in market driven rates on the news which will adjust out in short order...making this one of teh only true "buy and hold" assets out there soon.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=36&y=4&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
The other "safe haven" of course is the dollah. it is MUCH closer to a buy than longer term govmint bonds. I will be posting my buy call in UUP soon at my blog. Pretty "neat" how you can take your dollars...buy dollars...and generate at least a 25% overall return (minimum) over the next 24 months...no? Sure beats putting your dolars in a passbook savings account...that's for sure.
your an interesting guy and i followed you
Kewell, now you will "know" when the bottom is in if you are a silver stacker. :-)