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

Discussion in 'Wall St. News' started by Stok, Mar 9, 2011.

  1. Stok


  2. Bill Gross is actually stealing elitetraders ideas! :D :cool:
  3. emg

    emg is like reading a tabloid. don't u think so?
  4. olias


    I agree
  5. schizo


    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.
  6. They pay 2-3% so no surprise he is dumping them, he can find better returns elsewhere.
  7. PIMCO sees for fire to breakout with UST .....interest rates will go up.
  8. At which point -- after he's scared out all the weak longs -- he'll buy back in.
  9. 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.
  10. If he is really dropping treasuries then the $ will be losing its reserve status to the IMF SDR's in the very near future.
    #10     Mar 9, 2011