Inflation Expectations Bearisher Still

This is actually potentially beneficial for USD (in the very short-term) and future gold mining fundamental trends alike.  It is also a potentially good thing for a future ‘inflation trade’ (what we’ve had so far has been just a bounce) because it releases some pressure on the Federal Reserve.

TLT is bullisher still from when last we highlighted it


And TIP-TLT is bearisher still…


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