This is insanity, and an opportunity
August 06, 2010
– Comments (11) |
RELATED TICKERS: GLD
, SLV
Yields for UST's out to three years are below 1%. 5-yr is 1.57%, 7-yr is 2.28%, 10-yr is 2.94%, 20-yr is 3.78%, and 30-yr is 4.05%.
Source: U.S. Dep't of Treasury (aka the horse's mouth)
Does anyone know of any other time when yields were this low?
Does anyone know of any time when yields were anywhere in the same ballpark and gold and silver were not good investments for the next 3-7 years?
If you can answer that second one with evidence, I'm very interested to read it.