gold, page-96906

The broken correlation of inflationary metrics v the opposite to bond yields is strikingly conspicuous. Somehow there is linkages to the reverse Repo. It would appear Feds are withdrawing liquidity from the money markets by buying back these short dated T-Bills from the large instos including banks. This far I got from youtube explanation but how it affects the structures of the various dated bonds is a mystery to me.

Somewhere within this financial jungle, gold got caught. I understand in the longer term gold is ok. My issue is that any exposure especially when underwater will have make additional risk exposure in this sector a very judgemental call indeed. I personally could not take advantage a few months ago when I saw the dip opportunity. Now I am unencumbered to do so.

Even in the equity markets, the rotation out of Tech (Nasdaq) seems to be over as it outperformed the other 2 indices. The tapering of bond yields is helping bulls to flock back.

This video about the Perth Mint conspiracy put to rest those doubting thomases.