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Gold/Mining/Energy : Gold Price Monitor
GDXJ 115.10+1.1%4:00 PM EST
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To: Rarebird who wrote (108472)4/5/2018 7:31:48 PM
From: Real Man  Read Replies (1) of 116836
 
I mentioned just the yield curve. It is like talking about Chinese yuan appreciating against the dollar when their policy was to fix exchange rates. Our policy is to fix interest rates. On the short side of course. The long side can still tank theoretically, but I emphasize theoretically. It won’t in practice. It tanked now because the Fed is raising the short end.
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