T-Bills... 0.15% Yield... Get Some While You Can!

[gnome]

Has the world gone mad?

I once read where interest rates on T-Bills were NEGATIVE at some point during the Great Depression.... Investors were happy to PAY the government to buy T-Bills.... Safety first... rather take a guaranteed small loss than risk losing it all.

Will we see that again?

 

[The Kin]

Hahahahaa Now @ 0.10% Yield.

 

[The Kin]

Holy Crap. 30 year now yielding below 4.00% When was the last time that happened. T-Bills going for 0.07%

 

[gnome]

Quote from The Kin:

Hahahahaa Now @ 0.10% Yield.

I don't know.... you must be some kind of WEIRD som-bitch to think THIS is funny...

 

[The Kin]

Quote from gnome:

I don't know.... you must be some kind of WEIRD som-bitch to think THIS is funny...

I'm short the dollar. Plus nothing lasts forever.

 

[gnome]

Quote from The Kin:

I'm short the dollar. Plus nothing lasts forever.

Good chance the misery lasts long enough that it will seem like forever...

 

[The Kin]

Hey, I have property in Canada and the Caribbean. If country collapses (which seems increasingly likely) you got to go with the flow.

It's all about diversification. Don't have all your eggs in one basket.

 

[The Kin]

Quote from gnome:

Good chance the misery lasts long enough that it will seem like forever...

BTW I was talking about the American Empire. Nothing lasts forever. If we're lucky we'll end up like the British and not the Romans.

 

[gnome]

Quote from The Kin:

BTW I was talking about the American Empire. Nothing lasts forever. If we're lucky we'll end up like the British and not the Romans.

Unfortunately, we are profligate spenders like the Romans... hope somebody wakes up soon...

 

[The Kin]

Crisis averted. Treasury bonds are collapsing after reaching historic highs.