Just to add to that on CNBC there is an article which says the bond market bubble is starting to burst.
In the past 3 weeks investors have been selling 10 & 30 year treasury bills, and now on bloomberg there is an article which says that Bernanke(or the FED) is looking at buying US treasuries so as to increase the yields (artificially)!!!!
Bye Bye US dollar.... This will make bond investors run for the exits... Why buy bonds when you know that the yields are being propped up???
Not to mention this will be highly inflationary.
Maybe Peter Schiff is right after all about the FED. He can read their moves like a book.
