Seeking Alpha

Tom Bombadil » Comments » JOYG

  • Why Are Investors Returning to the Dollar? [View article]
    Guys, the line about "the best politicians money can buy" is a joke. It sounds like a compliment but can also be interpreted to mean that they can be influenced by campaign donations or other means. I'm pretty sure it wasn't meant as praise here.

    I've been wondering about the strength of short Treasuries also. I wonder if it's just that people need a place to park the proceeds from selling some other asset, and they have too much (over FDIC limit) to risk putting it into a bank that they are afraid could go under. So, with Treasuries at least you are sure you will get it back, whereas you can't necessarily say that for anything else out there.
    Oct 20 00:36 am |Rating: 0 0 |Link to Comment
More on JOYG by Tom Bombadil
Comments by Ticker
Tom Bombadil's
Comments Stats
14 comments
Rating: 2 (3 - 1 is )