SPDR DB International Government Inflation-Protected Bond ETF (WIP)

All Comments on WIP

  • commenter
    May 25 03:32 AM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Mr. Summers: You say, "In fact, if you measured inflation today as you did when Volcker was Fed Chairman, you’d find inflation was in the double-digits." You supply a chart, but do not identify the different methods. Please supply the different methods so we can evaluate for ourselves. By the way one method "pre 1983" indicates one of the changes was made during the Volker Chairmanship. So since the article lauds him, was the change for the better or worse, whatever it was? Again please identify the methods and sources for the data used in the chart. Reply
  • commenter
    May 25 03:29 AM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    We all know that food and fuel are rising and these ae two staples which we require for our surival and lifestyle. The idea of lowering interest rates until housing stabalizes might be 2-5 years off. In the end inflation will have to rise faster and faster until houses look cheap. This mess looks much worse than the tech bubble. The problem is all the cheap money went after commodities. It may be awhile before cheap money goes back to the housing industry. In the meantime core inflation (which I might add means nothing to an aging population rises) real inflation will have to rise higher and higher. Reply
  • commenter
    May 24 11:32 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    I'll bite, why did you draw a line at 1694 and not 1752 or 1812 or some other point? Reply
  • commenter
    May 24 11:22 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Has the humanity been better off since 1694?

    Or do you prefer to live in the world before 1694?
    Reply
  • commenter
    May 24 10:26 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Not being honest about inflation is only a very small sad part of the socio-economic equation of what we will be facing when considering that current times ARE different this time around.

    Transitioning of the energy sector accompanied with higher energy costs may be one aspect that everyone is talking about - n o w
    . . . but what about the food sector? Being aware that just the poor of China and India are gaining ground in the food chain gives way to understanding there will be an increase level of competition for the basic food groups . . . even before considering the negative impact of mandating corn being be used to partially fuel our transportation needs.

    Meaning . . . costs for energy A N D food are likely to ratchet up and not be so cheap for quite a long period of time . . . or at least within the majority of my lifetime and yours.
    Reply
  • commenter
    May 24 08:22 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    >Folks, inflation sucks, but bread lines suck worse.<

    And the Fed has practically guaranteed we'll have both.
    Reply
  • commenter
    May 24 07:55 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Here's good proof of how the Fed has been loaning investment banks and RESCUING THE MARKET FROM ANY PLUNGE. Facts are here, look at the money. Will the Plunge Team act again, increasing the TAF even more before next options expiration? NO FREE MARKET, FOLKS!
    www.financialsense.com...
    Reply
  • commenter
    May 24 07:33 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Borgie One,

    If you want to understand exactly how the banks steal via inflation by CREATING money I strongly suggest The Mystery of Banking by Murray Rothbard. It is available for free at:

    mises.org/Books/myster...

    The public at large has been looted since at least 1694 when the Bank of England was established to fund Charles II. Depressions, wars, and misery can be laid at the feet of banksters. They are just sophisticated counterfeiters.
    Reply
  • commenter
    May 24 06:05 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    The Federal Reserve and the Banks are Gangsters and Banksters. When you cut interest rates from 5% to 2% you do the following to people who have worked and saved all their lives: There is $2.69 trillion sitting in just money market accounts at 2%. The Fed took away $80.7 billion in one year's time with that cut. This does not count the money just sitting in passbook savings. They did this to save the damn Wall Street big shots and the bankers who lent money to those that could never pay it back. As far as I'm concerned, the Govt. is our worst enemy. The Fed Reserve is not federal at all. It is time for us angry White Men to cling to our guns and keep our powder dry. Reply
  • commenter
    May 24 05:46 PM
    My Website
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    If Graham (and many others) are right that the Fed is seriously understating inflation, that would impact the returns on the TIPS ETFs. For that reason, I've added the two TIPS ETFs' tickers as tags to this article. Reply
  • commenter
    May 24 04:44 PM
    My Website
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    historically, the election year is a good year for stocks .. the year after elections are not so great. Would be a good study to see how all these Inflation manipulations will affect 2009 stock market returns .. Reply
  • commenter
    May 24 02:36 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Didn't Buffet comment in support of Moody's, and their obvious "computer error" coverup? Reply
  • commenter
    May 24 02:32 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Volcker is right, but few listen. I've called for an investigation of the BLS, starting with the Commissioner that Bush appointed in 2007, to no avail. No spine in this country. Gutless academia and media, are all intimidated, fearing an IRS audit, loss of livelihood, or access. Volcker, Steiglitz, Rogers, you can count courage on one hand.

    With Treasuries & CDs earning 4% max, and gold no sure bet (Fed can knock down with sales by IMF & underweighting in GSCI as ordered by Sec. Paulson and simultaneous buying of our own Treasuries to support the dollar) Anyone watching how they hit the 10-year ($TNX)each time at 3.92%? That's our own Treasury/Fed buying our own bonds, making sure the 4% doesn't get pierced.
    SDS, negative-correlated etfs are fine but your timing has to be right, the Big Boyz at the trading desks know the short interest, they will burn you when it's highest, by releasing a "better than expected" report, burning you in the premarket.
    Reply
  • commenter
    May 24 02:00 PM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    The assumption here is that, if the Fed's methods were correct, it could measure inflation. But I think that real inflation has gone under the wire of official methods of measuring it. For example, the handle of a standard broom was wooden and of a certain length and thickness a few years ago; now it is both thinner and shorter, or may be of flimsier plastic.

    But it might be listed as being the same product. In order to get a product of the same value now one would have to pay much more. The shift from metal and wood to plastic has accompanied this but is not the cause of it.
    Reply
  • commenter
    May 24 11:55 AM
    The White Elephant That Could Destroy Your Portfolio, Part I [view article]
    Back in 1933 the small book "Sacrifice or Chaos" suggested that in the U S we all agree to reduce all dollar denominated obligations by some agreed per cent, say 50%. A $5,000 insurance policy would then become a $2,500 policy; a $10,000 mortgage would become a debt of $5,000 and so on. There was, of course, the impairment of contracts problem (strictly then just applied to states).

    Never happened, of course - foolish idea, to devalue debt!

    So, what have we done to debt obligations over the years? Well, we have worked things out so that the dollars in which they are denominated are reduced in value (and a lot more than 50% since 1933!).

    The merits of those procedures (effectively constantly devaluing debt obligations) gave rise to a new and burgeoning class of entrepreneurs, today our "political class."

    The procedures made (and make) it possible for them to use debt creation (at all levels of governments) to fund (by bribing the public with its own money) the increases in their aggregate powers and influence (which has proven better than plowin').

    There is no easy escape, and as long as there are periodic surges in relative productivity increases, all costs will be covered over time. That is, so long as we are able to create more with less efforts, which is quite different from just trying to get more with less effort.

    Gee! And it's not Sunday yet.
    Reply