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To: Mase
... What to do...what to do....

Here's a suggestion, instead of sly, snide insults, read how as of March, 2011 Buffet and Gross at PIMCOM are dumping long term bonds.
99 posted on 03/30/2011 5:55:24 AM PDT by algernonpj (He who pays the piper . . .)
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To: algernonpj
Buffet and Gross at PIMCOM are dumping long term bonds

They're dumping bonds now? When "real CPI" was over 10% back in 2007? They're at least 4 years late on their sale.

101 posted on 03/30/2011 7:12:55 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: algernonpj
Because the "unvarnished" CPI is 10% while the 10-year Treasury is yielding 3.83% and 10 year triple A rated corporate debt yields 4%.

Do you have any idea just how ridiculous you are?

Whom should we believe, some ridiculous economic illiterate posting on FR and a guy selling a doomer newsletter, or the massive global bond market?

Sorry, algernon, no flowers for you. Only epic fail.

103 posted on 03/30/2011 7:43:09 AM PDT by Mase (Save me from the people who would save me from myself!)
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