Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (49873)	4/22/2006 3:40:21 PM
From: sitkapacific	Read Replies (1) \| Respond to of 116555

Sure looks like an imminent breakout of that long term trendline (top one) to the upside. Jim, I think it could break out, but we could also be seeing a peak in inflation expectations here. Gold's run, and especially silver having gone parabolic, would argue for that. It's interesting that gold and silver have rallied so much while treasury bonds remain below 6% - one of them is ahead and one of them behind, but we don't know which just yet. If treasury yields do break out, it would be obvious gold and silver were ahead in anticipating higher inflation - or something worse. But if treasury yields fail to break out and instead remain in their downtrend, it would seem that we just saw a huge inflation headfake. All the Best, Brian