Wednesday, August 26, 2009

DAILY CHART OF T BONDS (delayed prices)


Notice that Bonds have NOT been able to move above
the previous high. Bonds will eventually collapse, driving
interest rates sky high where they belong. Interest Rates
are THE COST OF MONEY. That cost is DENOMINATED
in the very currency (Dollars) that are losing value. Thus,
the need to get even HIGHER interest rates as a return on
the bonds that people INVEST in.