Bond Chum..............................from Rico

The hasn't-got-it-right-yet FED has set October as the end of their bond-buying experiment, with no buying in November.

- This 'experimental' program had peaked at $85bn/month, is now at $35bn/month, and will be cut $15bn/month over the next three months.

Anyone 'listening' to the BIS, and the FED, is aready OUT of BONDS or any funds holding bonds.

- Look at the bond chart for the Bank Espirito Santo. This is what happens when a payment is 'missed' on bonds.

- The charts for ENRON, AIG, and Lehman were identical to this chart. Remember what happened to them?

And NO, it's not different this time. You might wish it so once the proverbial hits the fan, but it is going to be much worse.


If you haven't decided which to trust...paper or physical...it is time to fish or cut bait, before you become the chum.