Bill Gross bets heavily against USA

Well said.

 

Is it just me or is this the second domino?

1. S&P negative outlook on US AAA
2. Pimco's Bill Gross bets against US debt
3. S&P gives US BBB rating
4. Investors panic, gold skyrockets
5. etc.

The near future just does not look good.

 

And to that I would add: Wall Ah!

 

So Jim Rogers said this, what? Was it three years ago, or was it four. He has been short bonds a long time. but he can afford to wait. I've got to pay my water bill, or they turn off my toilets.