Liar Loan
Well-known member
I didn't say a bond bubble was about to burst. That's a lie on your part.
What I said is bonds are in a bubble, period. No prediction was made about the timeline of eventual declines in the bond market. The reason no prediction was made was because bonds are not a "free" market when it comes to price discovery. The Fed and other central bankers are calling the shots and I can't predict the behavior of a handful of powerful individuals. Many forecasters have tried over the past 10 years and been proven wrong by Bernanke/Yellen/Powell.
For somebody simply interested in long term investing, bonds are not the place to be. The traditional 60/40 portfolio will not have good performance results over the coming decades. Short term movement in and out of bonds is still fine, depending on stock market volatility.
My past record is correctly predicting the housing market (buy call in June 2009), stocks (buy call in July 2009), gold (sell call in Spring 2011; An argument with Awgee on my gold call used to be here on TI but I think Panda deleted the thread; Panda was a gold bull and needed to bury the body.
), and bitcoin (called a crash in Nov 2017; See the bitcoin thread). I really don't care if others think I have credibility in this area, but the fact is my record is pretty solid.
That being said, nobody should listen to an anonymous stranger on the Internet for investing advice. The fact that you believe others should listen to you, shows you are not credible when it comes to providing advice.
What I said is bonds are in a bubble, period. No prediction was made about the timeline of eventual declines in the bond market. The reason no prediction was made was because bonds are not a "free" market when it comes to price discovery. The Fed and other central bankers are calling the shots and I can't predict the behavior of a handful of powerful individuals. Many forecasters have tried over the past 10 years and been proven wrong by Bernanke/Yellen/Powell.
For somebody simply interested in long term investing, bonds are not the place to be. The traditional 60/40 portfolio will not have good performance results over the coming decades. Short term movement in and out of bonds is still fine, depending on stock market volatility.
My past record is correctly predicting the housing market (buy call in June 2009), stocks (buy call in July 2009), gold (sell call in Spring 2011; An argument with Awgee on my gold call used to be here on TI but I think Panda deleted the thread; Panda was a gold bull and needed to bury the body.

That being said, nobody should listen to an anonymous stranger on the Internet for investing advice. The fact that you believe others should listen to you, shows you are not credible when it comes to providing advice.