Here’s a short clip of Bud Conrad, Casey Research’s Chief Economist, on CNBC last Thursday. Bud has been pounding the table for investors to buy gold (since much lower prices) and short long bonds for some time.
The buy gold trade has been a good one thus far, and Bud now believes that betting on long term interest rates to rise is THE trade to make right now.
He starts talking around minute 4:20.
TBT and RRPIX are two of the most popular ETF plays on this trade.
If you like what Bud has to say, you may want to check out The Casey Report, where he provides his in-depth analysis each month.