Bill Gross Calls Fed "Most Brazen" Of All Ponzi Schemes, Says 30 Year Bond Market Is Endin

MMR

Bill Gross Calls Fed "Most Brazen" Of All Ponzi Schemes, Says 30 Year Bond Market Is Ending, Compares US Economy To Black Hole

Link to TSHTF

Justacommeman

The authors tag line is missing a key word. I believe it should read " the 30 year bull Bond Market is ending".

MJ

MMR

<< <i>The authors tag line is missing a key word. I believe it should read " the 30 year bull Bond Market is ending".

MJ >>



Indeed. However this piece coming from him at this time is an indicator of a very dire situation. Buckle up.

Justacommeman

Basically he's blaming the Fed for asset purchased. Tinkering and playing with fire.

I'm fully buckled and straped in. However, it looks like pm's might be getting cheaper in the short term....................MJ

jmski52

Bonds rallied in the Great Depression while deflation ran rampant. Bill Gross runs the largest (?) bond fund. Bernake wants to hit 2% inflation. Gross is worried about losing customers and is searching for safe bonds in which to invest overseas because he is ticked at Bernake. Gross also knows what this administration did to GM bondholders. Here we go - any day now!

wayneme

so my 401 k only choices stocks or pimco
where would you place your bet on stocks or pimco
i'm think put it all on [red] or pimco your thoughts
thanks in advance

ebaytrader

<< <i>so my 401 k only choices stocks or pimco
where would you place your bet on stocks or pimco
i'm think put it all on [red] or pimco your thoughts
thanks in advance >>




Gross & El-Erian are extremely sharp guys.

MMR

Rare earth metals, GWG is one. Toronto exchange.