Still on message here because I tend to get hung up on macro themes staring me in the face and compelling me toward conclusions. Hey, ya want stock picks? There are other blogs out there doing that. You want fancy trading signals? They got those too.
Here we'll manage a little phase of declining interest rates (red, purple and pink lines) across the board. Ah, but the yield curves (the area behind the nominal yields shows the 30/5 spread) are still bumping up even with nominal yields falling. Gold likes a rising curve and as was shown a couple days ago, nasty economic stuff tends to follow a rising curve.
Interest rates are declining (giving policy heroes would-be cover) and yet a gold positive, economy destructive signal is playing out in the spreads. What do you think will be the macro play upcoming, eh Beuller?
http://www.biiwii.blogspot.com
http://www.biiwii.com
Here we'll manage a little phase of declining interest rates (red, purple and pink lines) across the board. Ah, but the yield curves (the area behind the nominal yields shows the 30/5 spread) are still bumping up even with nominal yields falling. Gold likes a rising curve and as was shown a couple days ago, nasty economic stuff tends to follow a rising curve.
Interest rates are declining (giving policy heroes would-be cover) and yet a gold positive, economy destructive signal is playing out in the spreads. What do you think will be the macro play upcoming, eh Beuller?
http://www.biiwii.blogspot.com
http://www.biiwii.com
For a macro play, go with with a long volatility index. Or, line up some put options for the broad market. Europe is thiiiis close to exploding again, be careful....
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