“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Thirty Years of 30 Year Bonds
The prime time to buy the thirty year Treasury Bond was around this time of year in 1981. Those bonds come due a year from now. What are the odds that is when this price channel finally breaks down?