For the short term- Look for a possible rise in the 10 year to 126.00 on the chart below with the announcement of a debt ceiling "grand compromise"....blah blah so forth and so forth. Thats a BIG maybe. After that look for it to begin selling off to 118.00 and even lower as the months roll off the calendar. And please remember that these anticipations are not guaranteed as tomorrow is promised to no one. For if it is the LORD's will tomorrow's sun shall rise and commerce shall happen and life will continue. The anticipations above are merely an actionable plan of prudence if events in Washington and Manhattan continue to progress with their already manifest inertia. Click on the graph to enlarge and view
Tuesday, July 26, 2011
Uncle Gorilla
Uncle Gorilla has met his match. His spend thrift ways have hit a monstrous wall and that wall is called Mr. Market. Check out this graph below friends. The 10 year Treasury Bond sets the price of money for the entire planet! and its about to sell off and interest rates are about to climb higher while Uncle Gorilla sinks deeper into oblivion.
For the short term- Look for a possible rise in the 10 year to 126.00 on the chart below with the announcement of a debt ceiling "grand compromise"....blah blah so forth and so forth. Thats a BIG maybe. After that look for it to begin selling off to 118.00 and even lower as the months roll off the calendar. And please remember that these anticipations are not guaranteed as tomorrow is promised to no one. For if it is the LORD's will tomorrow's sun shall rise and commerce shall happen and life will continue. The anticipations above are merely an actionable plan of prudence if events in Washington and Manhattan continue to progress with their already manifest inertia. Click on the graph to enlarge and view
For the short term- Look for a possible rise in the 10 year to 126.00 on the chart below with the announcement of a debt ceiling "grand compromise"....blah blah so forth and so forth. Thats a BIG maybe. After that look for it to begin selling off to 118.00 and even lower as the months roll off the calendar. And please remember that these anticipations are not guaranteed as tomorrow is promised to no one. For if it is the LORD's will tomorrow's sun shall rise and commerce shall happen and life will continue. The anticipations above are merely an actionable plan of prudence if events in Washington and Manhattan continue to progress with their already manifest inertia. Click on the graph to enlarge and view
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