My OperaThe 30 Year US Treasury Bonds Usually Crashes In July
Thursday, May 15, 2008 1:40:36 AM
Jesse writes that it's Almost Time for the Great Long Bond "Crash of 2008" ... the 30 Year US Treasury Bond, $USB, usually sells off dramatically into July.
Today, the 30 Year Treasuries, $USB, fell below its 200 day average; it could have a bounce up; but soon I expect it to fall dramatically as it has fallen through the middle of a 'broadening top pattern' at 117; and it is poised on the edge of a massive head and shoulders pattern; all I can say is "lookout below".
Thats why one should consider disinvesting from all long maturity US Treasury bond funds, such as BTTRX, and investing insteaad in RYJUX, or TBT.
Definitely it's timely as the interest rate on the 30 Year US Treasury Bond, $TNX, has been rising, and just today punched through its 200 day moving average.
When I look at the chart of the CRB, $CRB, I believe that inflation is rising far faster than the government admitted in its report today.
Inflation is a bond killer and a commodity thriller: I believe that gold, $gold, will perform even better than TBT and RYJUX as I believe that a run on the US Treasuries is underway . Dynamics from gold's chart indicates that it's price could easily fall from its current $870 to $850 or $830; but because I believe that a financial emergency is coming soon from any number of reasons; and therefore I recommend that one dollar cost average buy gold at BullionVault.com over the next four weeks.
Keywords
jessetreasurybonds, jessegovernmentbons, jessetreasuries
Today, the 30 Year Treasuries, $USB, fell below its 200 day average; it could have a bounce up; but soon I expect it to fall dramatically as it has fallen through the middle of a 'broadening top pattern' at 117; and it is poised on the edge of a massive head and shoulders pattern; all I can say is "lookout below".
Thats why one should consider disinvesting from all long maturity US Treasury bond funds, such as BTTRX, and investing insteaad in RYJUX, or TBT.
Definitely it's timely as the interest rate on the 30 Year US Treasury Bond, $TNX, has been rising, and just today punched through its 200 day moving average.
When I look at the chart of the CRB, $CRB, I believe that inflation is rising far faster than the government admitted in its report today.
Inflation is a bond killer and a commodity thriller: I believe that gold, $gold, will perform even better than TBT and RYJUX as I believe that a run on the US Treasuries is underway . Dynamics from gold's chart indicates that it's price could easily fall from its current $870 to $850 or $830; but because I believe that a financial emergency is coming soon from any number of reasons; and therefore I recommend that one dollar cost average buy gold at BullionVault.com over the next four weeks.
Keywords
jessetreasurybonds, jessegovernmentbons, jessetreasuries
