Buying Long Term Treasury Bonds Is a Good Place to Be

Long term, if you buy us. Treasures at two and a half %, and you wait long enough, and you let the demographix play, the productivity play, the technology play, you probably will be round about fine in terms of entry levels. On gold, i also don't have a position for basically similar reasons. If you expect real interest trats to go up relatively quick then what you're doing is youare making the marginal cost of owning dollars less expensive. This is tactically aly speaking, right? Than there is long term path for gold, which is different, i believe. I'm neutral gold as well.