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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: TobagoJack who wrote (75988)7/4/2011 10:24:26 PM
From: carranza2  Read Replies (2) of 217739
 
No wonder Geithner wants to resign.

With the Fed out of the Treasuries market, who will be buying in August?

Are we finally going to see interest rates start to revert to the mean? Is the TBT trade finally here?

Gold might get slaughtered as rates rise. Is this why we have had such a preemptive sale of it lately?

There is a hell of a lot to think about in the next week or so. All of this interest rate-positive, gold negative stuff could easily be countered by European troubles, though I think the time frame for them might be a bit later, unless of course the rating agencies light the fuse.

I don't ever recall a more difficult set of events to throw chicken guts on.
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