SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (23071)12/8/2010 12:34:57 PM
From: carranza2  Read Replies (1) | Respond to of 29622
 
Heinz has repeatedly pointed out that a steepening yield curve is good for gold.

Heinz is The Man.

I have never seen anything relating the yield curve to POG though what Heinz says makes intuitive sense inasmuch as the short term side of the curve is the mobile "hot" money, the kind that moves POG. And you know the Fed is going to very ably keep that yield extremely low. Even the 3 year stuff yields less than 1%.

Not even the Fed can fool with the long end. If it goes higher, it goes higher.

Jesse in his work uses the effective fed funds rate.