Historic Bond Market CRASH Underway

June 10, 2009 Nathan A. Martin

Here’s a two year chart of TLT, the 20 year bond fund:

You can see the parabolic rise and subsequent collapse that is continuing today. I expect prices to descend to that rising uptrend line and will most likely find support there, at least temporarily. Over time it will likely NOT maintain support as we are entering a new era, one defined by raising rates versus the old era, the last 30 years which were defined by falling rates.

Folks, your government has already DEFAULTED on its debts, that’s what “quantitative easing” is. When one can no longer sell their debts they resort to buying up their own issued debt with fake and newly printed money. This is what national default looks and feels like for a country that is the world’s reserve currency.

The 10 year just hit a new high today as well – interest rates on fixed rate mortgages are skyrocketing. Get a clue America, you have been sold out.

About Nathan A. Martin 121 Articles

Nathan A. Martin is President of Wingman Investments, LLC, and author of the book Flight to Financial Freedom – Fasten Your Finances. He sees people, both young and old, facing a new era where they are forced to be responsible for their own financial success or failure. His message is clear; become financially literate or be a victim of the external forces that are impacting everyone. Nathan possesses an undergraduate degree in Professional Aviation and Business as well as a Master’s degree in Aviation Management and Operations.

A former Air Force and retired airline pilot, his flying took him the world over participating in many operations including the invasion of Panama, and combat time during Operation Desert Storm. Experience has come over 26 years of flight - logging more than 12,000 flight hours both civilian and military, and as the owner of a corporate aviation management company whose focus was aircraft efficiency.

Influenced by his parents entrepreneurial activities, Nathan began his business and investment training early in life and has used that knowledge every step along the way... from business school to his own corporations and personal investments.

Visit: Nathan's Economic Edge

Historic Bond Market CRASH Underway

Be the first to comment

Leave a Reply Cancel reply