Buying this ETF will literally turn out to be the best decision of your life. There is proof but the Federal Reserve is trying to plug the holes and keep it from you. There statements hide the fear of what is coming, as they know they can only delay it, not stop it. The crazy thing is, their actions are giving you an opportunity to buy it at a discount before it continually climbs for years to come. The ETF is ProShares UltraShort Lehman 20+ Yr (NYSEARCA:TBT). This is a short the 20 year bond, which in reality means you are long interest rates. You can see from the price action that the Federal Resere is in a boat that has too many holes. They keep trying to plug them, but the water is going to sink the boat eventually. To put it in technical terms, every time the Federal Reserve walks back an interest rate hike and pushes off future hikes, interest rates back off, but only slightly. Notice we used to be at 1.35% on the 10 year yield when the Federal Reserve was uber dovish.
Now the Federal Reserve walks back interest rate hike fear and yields only pull back to 1.60%. This is known as higher lows for you technical chart investors and we all know it means interest rates are going up.
Buying the $TBT will turn out to be the best, solid moneymaker in the next 1-2 years. This Federal Reserve pullback was just the ticket needed to buy in bulk. Enjoy!
By Pro-Trader Anthony Jackson