The massive redemptions in US based funds have pulled the hot money from international markets back to the US. As a result, the dollar has strengthened, but this can’t last for too long. As we have called for two years now, US treasury bonds are beyond junk, and printing of at least $2.6 trillion in [...]
Archive for November, 2008
US Dollar & Bonds are Toast
Posted in Uncategorized on November 19, 2008 | 1 Comment »
