Interested in Interest rates? Better be.

Posted on Dec 18, 2010 by in Letters

http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=203282126

Any questions about where interest rates are heading?  If so these charts should answer them.  While the punditry and the media lie and misrepresent the chart tells the truth.  The long term trend lines are broken.  When you sit on positions in this situation you wind up being a major investor in Enron and WorldCom --or Bear Stearns.

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