Bill Gross Dumps All Treasuries, Brings Total "Government Related" Holdings To Zero

http://www.zerohedge.com/article/ex...s-total-government-related-holdings-zero-flee

 

Bill Gross is actually stealing elitetraders ideas!

 

zerohedge.com is like reading a tabloid. don't u think so?

 

I agree

 

This can spiral out into the other markets, especially the forex and the equity markets. Watch for a significant drop in the S&P in the coming days.

 

They pay 2-3% so no surprise he is dumping them, he can find better returns elsewhere.

 

PIMCO sees smoke.......watch for fire to breakout with UST .....interest rates will go up.

 

At which point -- after he's scared out all the weak longs -- he'll buy back in.

 

ZeroHedge is a Cult...
Their top guest blogger is a Hardcore Truther.

But there is often interesting stuff there...
That one can then research somewhere reputable.

 

If he is really dropping treasuries then the $ will be losing its reserve status to the IMF SDR's in the very near future.