Tuesday, January 28, 2014

You Should Sell Your Bonds

The peak in bonds was in 2012 and they have been going down since. I am negative on bonds going forward. Bonds were in a bull market from 1981 to 2012. That is 31 years of a bull market. Bonds have been coming down for 18 months. In my view, yields got so low, so very low that they had to go higher. Wether they have to go higher this week, this month or this year, I do not know. If you own bonds you should sell them.

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).