"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

Friday, June 17, 2011

Busy Yield Curve chart coming at ya... again

Okay, so the most recent peak in the yield curve sure enough brought on an impulsive up move in the gold-silver ratio.  Okay, the world is still intact... sort of.  So now the question is, what is the most recent spike in the curve going to bring on?

I can think of some candidates for answers that may be realized over the coming few months:
  • A break through resistance by the GSR
  • Dislocation in broad markets
  • Some good old fashioned and bald faced inflation panic policy, austerity movement be damned
  • An Utter ramp in gold and gold stocks (nothing like a panic to propel this sector)
  • An eventual break of the upper boundry (monthly EMA 100)  on of the T bond yield 'continuum'
Or something like that.

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