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alstry (36.04)

Bill Gross Has Become Alstry

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April 26, 2011 – Comments (4)

After reading the following, I think you will agree:

"Just as Charles Ponzi needed donuts to turn back a suspicious crowd of investors, the Fed needs “donuts” in order to fill the bellies of the literally millions of investors worldwide who worry about the alarmingly large U.S. budget deficit and the impact that the U.S. debt dilemma could have on their Treasury holdings...Their collective buying has created what we believe to be a profit illusion with many investors mistakenly believing they can continuously reap profits from perpetually falling bond yields and rising bond prices..."

http://www.zerohedge.com/article/pimcos-observations-us-reaches-keynesian-endpoint-qe2-ponzi-scheme-nothing-profit-illusion

 

4 Comments – Post Your Own

#1) On April 26, 2011 at 10:09 AM, alstry (36.04) wrote:

Keep watching the ticker while.....

Dollar tumbles to all-time low vs. Swiss franc...

Geithner defends 'strong dollar' policy...

Wealthy Leaving Vegas Mansions as Foreclosure Pain Spreads...

Coffee Prices Hit 34-Year High...

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#2) On April 26, 2011 at 11:07 AM, oshiri (< 20) wrote:

"Bill Gross has become Alstry" . . .

     So comrade Alstrymous, when can we expect your unveiling of an ETF?

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#3) On April 26, 2011 at 11:25 AM, alstry (36.04) wrote:

As soon as the Industrial Age collapses and we set the foundation for the new GLOBAL Digital Age......

at that point, we will be in an udderworld living in the cloud.

 

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#4) On April 26, 2011 at 11:40 AM, oshiri (< 20) wrote:

Okay, sometime next year then . . .

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