GOLD 0.51% $1,391.7 gold futures

Either you don't get it or you're pretending not to get it. It's...

  1. 1,184 Posts.
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    Either you don't get it or you're pretending not to get it. It's not a question of whether you get your cash back. It's about purchasing power lost relative to the coupon interest rate you get.

    If in the time it takes you to get a 1% return on the bond, that cash has lost 20% of its purchasing power, then you've just flushed cash down the toilet.


 
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