RE:RE:DF unit nav to AUg 6 = approx; $14.99flamingogold wrote: Actually, I think it has a good chance and better value than DFN. Monday's selloff appears to have been caused more by the BoJ than US recession worries. If the market rebound can hold in the next few days this will pay again.
mouserman wrote: Showing a loss of 40 cents since the update july 31... i dont see DF making the cut for paying to commons in the current market environment.
The valuation is a tad better for DF than DFN, altho at last look, both are missing distributions with todays return to a bear looking market. Big investors like Warrnen Buffet etc dont sell off hundreds of billions in equities to buy treasuries if everything is peachy keen..
Berkshire Hathaway now has over double the $amount of US treasuries than that of the US FED.
I am bracing for a recession ( which many argue we would already be in one, if the definition had stayed constant.) Now recession means a DEPRESSION....This DF would be a gamble in a bull market, but this bear will bite, as this year reminds me a bit of the dot.com bubble, with so many highs being bested in the stock markets, with a NOT so great economy. Of course if you only watch the TV, everything will look real good.