Dear Doves,
The writing's upon the wall, the reports of
instability have made their way into the mainstream. To
students of Bible Prophecy,
we already known the
collapse of Europe has begun. To little fanfare, the
national bank of Spain defaulted last Sunday night. We
will see
the economy of the EU in
slow motion at first, then increasing at a frightening
speed until the disaster is upon us all.
God is faithful and He's also sovereign
should you find yourself caught unaware, it will be your
responsibility. Whatever plans you have made to protect
and possibly save your family should be put in place this
Sunday. Don't put preparation off for another day. By
Wednesday,
the opportunity window
will be closed and you'll have little chance to secure
supplies, collect food/water and find shelter.
The gates of Europe are broken down, Babylon
has fallen, fallen'
The situation has finally come down upon us all.
Make sure to take comfort from the God the Father and His
one and only Son.
King Jesus, You are my all
in all
Agape,
Mike Curtiss
Bubble
bigger than housing about to pop
MSN
Money ^ | 03/29/2013 | Michael
Vodicka
The most
devastating market events are those that no one sees
coming.
Take what
happened to Lehman Brothers in 2008, for example. Up until
the last minute, virtually no one could have imagined one
of the country's leading investment banks would file for
bankruptcy. The housing market crash was the same way. The
Street believed housing prices would never go down.
With
the market totally blind to the growing risk in each
investment, anyone who had investments in housing or with
Lehman Brothers suffered huge losses.
Despite
these tough lessons, there is now another epic bubble
developing and the market is ignoring this one too.
In
fact, this bubble is so big, the 2006 housing bubble and
the 2000 bubble pale in comparison. And when it pops, it
will hit the most conservative portfolios the hardest.
While
investors were burned by big losses in 2008, risk-averse
investors have been flocking into the safety of Treasury
bonds. In just the past four years, investments into bond
mutual funds have doubled to $4 trillion. But this
perceived bastion of safety is more like a ticking time
bomb waiting to explode. And when it does, it will
devastate any portfolio with a heavy allocation to
Treasury bonds.
Here
are four reasons it's time to sell Treasurys.
1. Risk
and reward The best reason to abandon the bond market is a
simple matter of risk and reward.
With
the U.S. Federal Reserve beating yields into the ground in
the past four years, the risk-reward ratio in the Treasury
market is terrible. If the yield on the 10-year Treasury
note fell to zero from its current 1.9%, then bond prices
would rise about 17%, according to Timely Portfolio. On
the other hand, if the yield grew 2-3%, bond prices would
fall about 20%.