wednesday wetrace, page-3

Bond Bubble what Bubble

http://au.finance.yahoo.com/news/Aussie-surges-pre-GFC-levels-abc-99851541.html?x=0

Excerpt that made me giggle.

When a central bank buys bonds off the government essentially that is new money in the system. And when you increase the supply of one currency, and what you're measuring against remains stable in supply - you've got too much of the first currency. So that means that its value must fall in terms of the other."

So Govt creates another bubble, youd feel safe with your money in there with em wouldnt U !!
BDZ ;))