Thursday, March 16, 2017

Jim Rogers on bonds and junk bonds

As we speak in February of 2017 everybody is bullish on long term U.S. government bonds. I've been around long enough Eric to know that when everybody is on the same side of the boat, I better run to the other side. So I am not shorting government bonds. 

I am shorting junk bonds still if and when the mood changes and people are less skeptical and bonds go down and everybody starts saying, oh, bonds cheated me, she lied to me, they lied then I might be ready to short bonds again because we're certainly in the process of making a top. When that top comes, I don't know.