We have a bubble forming in bonds. I do not know if it is going to pop this year or in 2012. I have no idea, but it is at worrisome levels. And I do not know how much longer you can keep promoting a bubble like that. The central bank in the US is doing it...eventually no matter how good a bubble looks, it pops and when it pops, people sell their bonds and that is going to happen. I just do not know when.
in Economic Times
Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.