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Friday, September 25, 2009

Treasury Alert! America’s Last Great Bubble Is About to Explode

Since its inception on April 24th, 1917, U.S. Treasury bonds have been heralded, applauded and embraced the world over.

They saved America from two World Wars, a depression and several recessions. They funded our empire.

But now, they’re about to rip us apart and take the rest of the world down with us.

It’s happened before. The last Treasury Bubble popped in 1976. But as Treasuries suffered, a small group of investments shot up like never before.

In fact, the five years that followed were among the most extraordinary in economic history...Oil leapt 3-fold, gold leapt 6-fold, the Dow plummeted 28%, and inflation ratcheted up to 12%, almost destroying the fabric of the American economy.

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