Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Posted: Thu Jun 19, 2008 10:52 am Post subject: Re: Treasury Inflation-Protected Securities (TIPS)
DP -
CPI not even close to inflation.
Taxes on TIPS is a total and utter scam - you need to pay tax on unrealized gains.
Nuff said.
TIPS are for suckers.
If they actually protected you from inflation and they didn't tax you on unrealized gains, they wouldn't be able to print enough of them. _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Posted: Thu Jun 19, 2008 11:07 am Post subject: Re: Treasury Inflation-Protected Securities (TIPS)
Read the annual change in import price index to get a better idea of inflation. People hoard things they expect to need in the future. Accumulating any kind of money is something individuals can't do. _________________ People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.
Last edited by heroineworshipper on Thu Jun 19, 2008 11:12 am; edited 1 time in total
Joined: Jun 14, 2008 Posts: 81 Location: With one foot in ascent and the other in descent
Posted: Thu Jun 19, 2008 11:19 am Post subject: Re: Treasury Inflation-Protected Securities (TIPS)
Google the Shadowstats website, and look at the real inflation rates, then compare to the TIPS rate. Or better yet, figure out what your personal inflation rate is. It's a fleecing if you buy and hold TIPS. _________________ Because it's all about the oil.
Posted: Thu Jun 19, 2008 12:00 pm Post subject: Re: Treasury Inflation-Protected Securities (TIPS)
Run, do not walk, away from TIPS and IBONDS. They are a cruel joke played by the perpetrators of inflation on their victims. Besides, where does government get the money to pay back any of their bonds? They either tax you for it, or they inflate. Either way, you lose.
Posted: Thu Jun 19, 2008 12:35 pm Post subject: Re: Treasury Inflation-Protected Securities (TIPS)
From the Pimco Website, Bond King Bill Gross says,
"What are the investment ramifications? With global headline inflation now at 7% there is a need for new global investment solutions, a role that PIMCO is more than willing (and able) to provide. In this role we would suggest: 1) Treasury bonds are obviously not to be favored because of their negative (unreal) real yields. 2) U.S. TIPS, while affording headline CPI protection, risk the delusion of an artificially low inflation number as well. 3) On the other hand, commodity-based assets as well as foreign equities whose P/Es are better grounded with local CPI and nominal bond yield comparisons should be excellent candidates. 4) These assets should in turn be denominated in currencies that demonstrate authentic real growth and inflation rates, that while high, at least are credible. 5) Developing, BRIC-like economies are obvious choices for investment dollars."
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