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View Full Version : World's Biggest Bond Fund Dumps ALL US debt



Metheist
03-10-11, 02:19 AM
http://www.bloomberg.com/news/2011-03-09/gross-drops-government-debt-from-pimco-s-flagship-fund-zero-hedge-reports.html

Reported on Drudgereport.com


There are some interesting goings on in the financial world today...

stoneFree
03-10-11, 03:25 AM
Smart. I did it long ago.
There are some interesting goings on in the financial world today...
Indeed. Question is, where is it all headed? Quite possibly, fiat currency is fast approaching its "best if used by" date.

http://roadtoroota.com/public/525.cfm 3/8/11

David Merrill
03-10-11, 05:19 AM
Thank you Metheist!

I am wondering like many if Congress will approve a new Debt Ceiling.