Easy reading

[cottonpicken]

The head of the bank of nova scotia was on bnn a
while back,and he was asked who they where tied to
and he said yes we are but i'm not going to say who.

I damn near punched my computer.

[cottonpicken]

I seen this a few minutes after it came out and laughed
my ass off,then it went viral.

http://www.youtube.com/watch?v=jsDjTbP7TS0

This is something similar.

http://www.youtube.com/watch?v=6UGDTtqklSo

[FarmRanger]

Mr. Rastani suggested buying US 30 year bonds.

In the gloomy scenario he describes, wouldn't
buying US bonds be like running to the bow of
the Titanic because it was rising while the other
end filled with water?

[cottonpicken]

30 year treasuries rank up there with vancouver
real-estate,i cant believe it came out of his mouth.

Wise guys use them as trading vehicles and trade
them based on price not yield,they never intend to
hold them to maturity and in times of economic
turmoil there are small windows of opportunity to
make some money.

However that window now looks closed to me,i cant
imagine bonds being bid down to negative interest
rates,however we are in bizzaro world.

If i was a finical advisor i'd be saying sell your
bonds now while the price is good and put the cash
under your mattress if you want that type of safety.