Wednesday, November 30, 2011

timing aside ...





there's a fortune to be had investing now in italian and spanish bonds
just borrow very long to buy em
or use cash
when the ECB comes to the rescue these prices will soar
greek bonds ?

maybe not so much ...

i fear the hair cut there
and prior to the general latin europe/club med rescue

pour encourage les autres

and this haircut to that side car of the zone
might also
 have a nice  bi product

 by  pretending maybe
 "you're next dagos"
the corporate guardians of a free peaceful  and united europe
can squeeze out some more pub sec pruning
 mustn't be to obvious just yet
that  club meds big boys are    les ' too f'in big to fail '
yes i am strongly convinced there will be no italian or spanish hair cuts
and if i had any money i might buy some italian bonds ...err soon
there must be at least one more drop left b4 the market wises up to the full gig here