Bonds

Jim Rogers: "The United States long term bond made its low in 1981 and went up for 31 years. It`s not cheap, you know. Long term interest rates in the world are near historic lows, so they are certainly not cheap. It does not mean that bonds can`t go up more but certainly they are not cheap.
I am thinking about selling them short. I sold them short in the past, I am not short at the moment. If you own bonds you should think about selling them unless they are very short term bonds...."