Could today’s down-to-up reversal in the 30yr Treasury yield have signaled the end of the summer cool down?

For a sign of the end of the summer cool down – and deflationary whiff (such as it is) – yields will need to reverse upward and bonds head back down Today the 30yr Treasury bond yield dropped and reversed. That’s all well and good, but… …this macro picture means only everything to the inflation/reflation thesis, which I favor (by a 60% lean) to get … Continue reading Could today’s down-to-up reversal in the 30yr Treasury yield have signaled the end of the summer cool down?

NFTRH; USD & Gold/Silver Ratio

Our operating plan is for the summer cool down (mini or maxi) to be driven by the anti-market (USD) and its fellow rider, the Gold/Silver ratio (“metallic credit spread” indicating loss of liquidity & risk ‘off’ when rising). To this point, a rally in USD has been subject to the neckline of an inverted H&S pattern, which is a bullish pattern if the neckline is … Continue reading NFTRH; USD & Gold/Silver Ratio