Subtitle: Deflation to Inflation This morning the 10/2yield curve is again steepening and that is the headliner and one of my two most important indicators
Tag: bonds
There Goes 2.2%
The 30 year yield is below the 2.2% level. That is important because… …this… If this keeps up it’s a situation that is not positive
Today vs. 2012; Different This Time for Gold
Gold bugs will remember 2012 as the last year of hope that gold was still in its bull cycle as it managed to hold key
3 Other Amigos Well Aligned
Just a light duty post to show you 3 different items that would travel together in a would-be reflation trade. This chart is probably over
What Thing Looks Like the Other Thing?
I thought so… The Bond Yield Continuum and Gold Gold’s vulnerability, in theory at least, is the fact that it has gone hand in hand
Bob Hoye on Bonds & Precious Metals
You may or may not know that I consider Bob Hoye an influence of mine. Many years ago his views, especially about the proper fundamentals
Twits on T Bonds & Gold/Gold Stocks
I found this pretty humorous since I am personally printing a big loss on my TBT position. He’s making even better bank today if he
When the Bond Bubble Blows Up
Amazing isn’t it? It was only back in H2 2018 when everybody but you (because you are as smart as I think you are or
When Deflation is in the Air
When deflation is in the air you have people getting hysterical about negative interest rates and safe haven Treasury bonds. You have people telling us
vs. Gold
Just another episode of that slow-moving macro drama, ‘vs. Gold‘ (using ETFs). Spoiler: the bottom line about the pictures below is that we are still
Time to Talk Bonds Again
Over the years we’ve made a pretty big deal about how the herds get put off sides in bonds prior to macro cycle changes. The
You Have to Invite the Vampire Into Your House
A vampire needs to be invited in order to enter your house. So the story goes. But in this case, we are talking about the
The Inflated Sub is Losing Pressure
The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter
Goldilocks Now, But She’ll Be Vanquished
Just one look at the daily chart of SPX tells us – in hindsight – that this may have all been about gap acquisition. I