http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vCM4wglCjinI.asf Watch Betty finally pull down the curtain on Rogers, at around 10:30 into the video. Betty: "You have said you were shorting treasuries before, have you covered any of those shorts, since they have gone up since?" Jim: "No, no, I have been shorting them for the last two weeks, they have been going down for the last two weeks" Betty: "But you have told me you were shorting treasuries months ago?" Jim: "Treasuries I was shorting months ago?" Betty: "Yes!" Jim: "Oh no no no, ah!!! I was, ah the TLT yes yes yes!!!! No no, they haven't gone up!! No No No I have been making money on my shorts!!!!!!" So funny to watch Rogers panic as he start stuttering and trying to explain on how he made money shorting TLT (which pays monthly dividends!) over the last couple of months. I remember seeing him on Bloomberg last July proclaiming how he shorts long term US bonds and how they can only go down. What's so hard in admitting he lost money on the trade?