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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Wednesday, November 4, 2009
Another Fed day...
Therefore it must be time for another look at the IRX (t-bill yield)
Edit (2:22) In other words, 'the committee sees no need to do squat because the economy sucks at its core and the t-bill rate has not decided we should talk tough yet'.
Therefore it must be time for another look at the IRX (t-bill yield)
