SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: long-gone who wrote (47754)2/1/2000 2:59:00 PM
From: goldsheet  Read Replies (1) of 116764
 
> But even if the yield curve is only slightly inverted, does not the 10year yield impact the broad market & possibly gold?

30year bonds are often a first wave of flight to quality when the markets gets nervous, and sometimes gold/gold stocks become a second wave when folks get really scared. The first wave has occured, but not the second into gold, nor do I expect it. Also, Bobby correctly mentions the lack of available 30 year bonds - low supply results in higher prices, which means lower yields.

> if the hedge funds bet wrong on the 30yr., do they deserve another bailout?

No one ever deserves a bailout, they manipulate others into giving it to them. Let the markets be free and let there be winners and losers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext