Treasury Bond

S&P 500 Target 2013

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I’ll go ahead and put my neck on the chopping block now.  I’ve never had a target before on the S&P 500 or Dow because I never saw much point in the exercise.  Unless you were trading in futures or a passive index investor, what’s the point, right?  I liked to think I am investing in companies and business prospects not broad unknowable market forces.  The last twelve months have been trying though.  It seems that the risk on risk off trade has been the place to be.  Most stock pickers have underperformed the market.  Why is that?  Even notable … Read more

Immediate Solution To Debt Crisis Found: Italian police seize $6 trillion of fake U.S. bonds

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What started off as a harmless Mafia loan-sharking investigation turned into a rather profitable seizure of $6 trillion worth of forged US Treasury bonds on Friday.  Oddly enough, no rally in the treasury market as a result.  US officials confirmed that the bonds were not just a misplaced QE 3 and QE 4. “It began as a investigation into mafia loan-sharking, but gradually expanded as prosecutors used telephone and computer intercepts to unearth evidence of illegal activity surrounding Treasury bonds.  The fake securities, worth more than a third of U.S. national debt, were seized in January from a Swiss trust … Read more