I’ve been patiently waiting for months to make this call. On January 1, 2009 I made the same call last time. Anyone who listened made very quick profits. The rest continue to live on the branch of life’s tree called, “Shoulda, Woulda, Coulda.” The timing is right again!
Are you interested in sticking it to the man? Are you interested in sticking up for the people that live within their means? Are you interested in making money doing it? If you own US Treasuries, you should consider selling them. If you don’t you should consider shorting them.
Buffett was right last time when he sold US Treasuries:
So … I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds.
Loosely translated: Buffett chose stocks over bonds because bonds were overvalued and stocks were undervalued. I hate how he’s misquoted all the time — kind of disgusting how most people just don’t understand him. Well, that was then. This is now. United States government bonds are overvalued yet again! The upside is limited. It doesn’t make financial sense to put your money into Certificates of Deposit or US Treasuries. They simply don’t pay enough. The upside is limited to fractions of fractions. They are in such “great demand” that they don’t have to offer attractive rates, because there are so many fools buying them.
The S&P 500 is yielding more than they are for the next 5 years. Sure, the S&P 500 may have some downside potential, but it’s better to have some downside potential than to be guaranteed downside.
There are three ETF’s that will enable you to make some quick and very easy money. I own them all.
Three ETF’s you should be buying are:
ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT)
Direxion’s Daily 10-Year Treasury Bear 3X Shares (NYSE: TYO)
Direxion’s Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV)
If you decide not to join me, you can always sit on the sidelines and watch them go up.