http://caracommunity.com/sites/default/f...

http://caracommunity.com/sites/default/f...

http://www.cnbc.com/id/33732067

You wonder what about reality matters:

Here is an interesting excerpt from John Mauldin about shorting bonds :
"[The Japanese] are running massive fiscal deficits and have done so for almost 20 years. Government debt-to-GDP is now up to 178% and projected to rise to over 200% within a few years." Since US is currently on the same paths, many have concluded that US Treasury rates must rise and hence shorting bonds is an obvious investment decision. Well, John Mauldin then notes: "The trading floors of the world are littered with the bodies of traders who have shorted Japanese government debt in the belief that it simply must implode. While I believe that it eventually will, if they stay on the path they are on, Japan is a very clear demonstration that things that don't make sense can go on longer than we think." I think this should be a warning for those who try to allocate too much capital long-term to TBT (or to TLT short). David Rosenberg, a very respected independent economist (not a talking head), noted many times that Treasury yields tend to bottom MANY years after a credit bubble bursts, and this time, he believes, the yields are still years away from bottoming.”

>>>things that don't make sense can go on longer than we think<<<

UJ: Interesting concept ☺

>>
and this time, he believes, the yields are still years away from bottoming.<<

UJ: Oh yeah babe, bet on the exciting treasury yield downtown train with UJ—who needs boring things like gold? Haha!!!