Bill Gross bets heavily against USA

Quote from jficquette:

Pimpco must be psychic. Funny how the Gov goes after the Martha Stewarts of the world but ignores the big guys. I guess they rather us believe that Pimpco is just that good.
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Well said.
 
Is it just me or is this the second domino?

1. S&P negative outlook on US AAA
2. Pimco's Bill Gross bets against US debt
3. S&P gives US BBB rating
4. Investors panic, gold skyrockets
5. etc.

The near future just does not look good.
 
So Jim Rogers said this, what? Was it three years ago, or was it four. He has been short bonds a long time. but he can afford to wait. I've got to pay my water bill, or they turn off my toilets.
 
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