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User Info 2022: The Year In Review, And Burning Of Bridges; entered at 2022-12-29 22:44:37
Larryboy
Posts: 825
Registered: 2012-12-29 Windsor Colorado
Are we stupid for thinking treasuries is a safe haven? Have been moving cash from bank CDs to treasuries assuming banks are going to fail and FDIC is a joke unless they get to use the unlimited .gov credit card. I suppose the argument is that when .gov defaults on it's debt then we have bigger problems to worry about than how many pieces of worthless paper you get when your 5% treasury matures.
2022-12-29 22:44:37