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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: TobagoJack who wrote (68768)11/28/2010 8:13:41 PM
From: carranza2  Read Replies (1) of 219221
 
Yields on 10 year US treasuries trending down, USD up versus Euro, all predictable, chicken-gutted and tea leaf read. The vigilantes are out in force this evening/morning.

The slight negative pressure on yield on the ten year treasuries is good for gold, though of course USD strength is not.

Let's not forget the fundamentals: QE2 and low interest rates along with extraordinarily inaccurate measures of inflation result in negative real interest rates. So long as those conditions prevail, the Euro's wiggles, etc., are not significant except in the short term.

As one who is not interested in the short term except for an opportunity to buy cheaply, I am simply a more or less bored observer sitting on the sidelines.

Will in all probability double short the Euro via DRR when trading begins tomorrow. My life is dull, I need some excitement.
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