gel1 February 14th, 2010 at 1:14 pm
Phil
The latest on CIC ( China Government) sentiment re US Treasuries – They are not only talking about moving out of them, they are. They reduced their holding by 10 Bil recently. Our Fed will be taking their place, I guess. I am allocating 300K to plays on TBT and will wait for this to play out. I am structuring some plays with an expiration beyond 12 months for capital gains treatment. You did mention you like TBT, didn’t you?
February 14th, 2010 at 1:14 pm
Phil
The latest on CIC ( China Government) sentiment re US Treasuries – They are not only talking about moving out of them, they are. They reduced their holding by 10 Bil recently. Our Fed will be taking their place, I guess. I am allocating 300K to plays on TBT and will wait for this to play out. I am structuring some plays with an expiration beyond 12 months for capital gains treatment. You did mention you like TBT, didn’t you?