By Brian Hunt in DailyWealth:
An update on the government's biggest problem: Interest rates are still rising...
Six months ago, we warned you the government's "bailouts for everyone" policy would spook its creditors... who would demand higher rates of interest to compensate them for the risk of loaning money to a crazed spender. We pointed out the trading vehicle TBT as a way to play a rise in interest rates.
In early May, TBT "broke out" to the upside and confirmed our analysis. The trend became your friend if you owned TBT. Today, we follow up on that breakout...
Read full article...
More on interest rate bets and inflation:
Why gold is headed for bubble territory
Art Laffer: The government is setting the stage for huge inflation
Investment legend Marc Faber "100% sure that the U.S. will go into hyper inflation"
Take the gov't to the cleaners: Trading legend reveals unique way to "make 20 or 30 times on my money"