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  • Citigroup Report Further Fuels Debate About the Future of Gold [View article]
    The current asset class in a Bubble is the Treasury market.

    Historically low yields, etc, but no one appears to believe that it can pop and drop as rapidly as other Bubbles have done.

    I submit that it is rather insane to buy Treasuries with this low of a yield when debt issued by those Financials under the protection of the Government are also backed by the "Full faith etc." of the Treasury. The yields are certainly more attractive and they can, in fact, be viewed as substitutes. IMHO
    Nov 30 07:07 am |Rating: +1 -1
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