Friday, April 22, 2011

Jim Rogers: I'm Shorting U.S. Treasury Bonds On Any Rise

"If the bond goes up another 3 or 4 points, I for one am going to sell it short.  I just think at some point along the line, people are going to realise it's absurd to lend money to the United States government for 30 years in U.S. dollars at 3 or 4 or 5 or 6 percent interest.  I mean the market is just going to give up. Once the Fed stops buying bonds I'm not sure who's left to buy bonds at that point."

Jim Rogers

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