Friday, July 8, 2011

Shorting 30-Year Treasury Bonds-Jim Rogers


I cannot imagine or conceive lending money to the United States government for 30-years at 3, 4, 5 or 6 percent — you pick a number — in U.S. dollars.

There may be rallies, I may be forced to cover, I probably will cover somewhere along the line, but I'm short the bond and plan somewhere in the next week, month or year to short a lot of them.

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