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Non-Tech : The Woodshed

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To: Valuepro who wrote (54239)8/26/2016 4:03:50 PM
From: gold$10k9 Recommendations

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<<I can't see that the market is at all anticipating hyper-inflation at this time.>>

My notes from the previously linked Michael Oliver/David Jensen interview...

“The monetary inflation created by the CB's has been parked in the bond market and the flow is shifting into commodities as the bond bubble pops.
LIBOR has been increasing since 2014... tightening a $28T debt market.”

Today TNX (chart below) clearly chose tightening/deflation.
Will that pop the bond bubble and thereby unleash inflation?

Meanwhile, none of gold's action today changes its typical end of month bottoming process... lasting until either Monday's Crimex close or early Wednesday's LBMA/OTC expiration. Next Friday's NFP release could light the fuse. We'll see.

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