Loading ...Surf is Bearish on Bonds (TLT)
Interest rates have moved in a 60 year SuperCycle (low to low) going back to the time of Hammurabi in 1750 BC according to Martin Armstrong. In any case, my long term cycle work shows that interest rates are likely headed higher for at least several more years. If correct, Bond prices (TLT), should be heading lower and that is what my Cycle & TA analysis shows.
I have been shorting them with success using TBT (2x short of TLT).My long term cycle work shows that interest rates are likely headed higher for at least several more years. Bond prices (TLT) then should be heading lower and that is what my Cycle & TA analysis shows. I have been shorting them with success using TBT (2x short of TLT).
https://surfcity.co/2018/05/15/bond-tlt-cycle-update-4/
1750 BC….?
Interest rates in 1750 BC ?
What was the currency ? Chickens ?
Armstrong Must have some incredible sources…to dig that up
Anyhow thanks Surf
Fully, 4 duplicate responses! Since you are questioning my sources, here you go — from Armstrong himself:
https://www.armstrongeconomics.com/research/a-brief-history-of-world-credit-interest-rates/3000-b-c-500-a-d-the-ancient-economy/
Wow….some amazing info and research there..
With the ECB forcing negative interest rates, you have to pay them to take your money. Yeah, I can see where he is coming from.