Seeking Alpha
  • Bret Jensen
    Treasury monetizing debt? Definitely would be great for my TBT position...http://on.barrons.com/zU16VX
    3/2/12
    Reply (12)
    • Josh Krause: Depends on how they do it. If they go for the Super Twist and just buy every long bond that is printed, TBT would be crushed.
      3/2/12
    • 1980XLS-2.0: Do you actually expect them to service $18T in debt with new taxation?
      3/2/12
    • Josh Krause: Best part is they will have to buy it at cheaper and cheaper interest rates to allow for the debt to be serviced. Japan here we come!
      3/2/12
    • Josh Krause: Except when we QE for eternity, Oil goes superbid and the world moves off the dollar as the Reserve Currency. Debt is death.
      3/2/12
    • Edgar Ambartsoumian: Bret is there a link between a higher dollar and TBT's drop in your opinion?
      3/2/12
    • Bret Jensen: Actually I would say the opposite. Strong dollar gives investors better reason to invest in U.S. debt as reduces currency loss probability.
      3/2/12
    • USisCorrupt: And soon you can wipe your arse with that currency. It's about CONFIDENCE and there is very little left as it is now.
      3/3/12
    • Bret Jensen: Dude it is Saturday night, past your bedtime......where is your orderly? lol
      3/3/12
    • Edgar Ambartsoumian: lol Thanks Bret
      3/3/12
    • Bret Jensen: Best part about this gig...the occassional amusing nutcase....lol
      3/3/12
    • 1980XLS-2.0: Well, I do agree the US is Corrupt, LOL.
      3/3/12
    • Bret Jensen: Not corrupt, just sad...
      3/3/12