Saturday, August 22, 2009

Even Warren Buffett Is Now Saying Bonds Could Crack!

I’ve made no secret about my view on U.S. bonds and the U.S. dollar …

I’ve minced no words, and cut no corners …

Instead, I have given you specific, consistent guidance on those fronts: Namely stay the heck away from long-term Treasuries and hedge yourself against the government’s unofficial policy of trashing the greenback.

It started last year in my December 5 Money and Markets column, when I issued the most strident warning I’ve EVER released on bond prices. I labeled long-term Treasuries “the biggest bubble of all” and warned you that … (more)

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