Dude

US Bonds: Waiting for the First Rat

US 10yr Notes have had a tough few days with yields rising some 15bp. If a few days yield rise of 15bp can be described as “tough” what word would one choose to describe government debt trading in Ireland lately. Yields on Irish 10yr government debt rose by more than 60bp today, making the total…

Do We Need Another World War?

Ask the average guy on the street if we need another world war and he might respond with, “We need another world war like I need a hole in the head.”   Yet, there are medical conditions which can be solved by holes in the head, such as cranial swelling, i.e. when your brain gets too…

Are We There Yet?

With the US$ sinking and Gold setting new highs every few days those, like me, who have been waiting for the final collapse of the current $ based international financial system have one question on our minds- “are we there yet?” “Not yet. But we’re getting very close.” This past week the US electorate, in…