GOLD 0.51% $1,391.7 gold futures

gold, page-18381

  1. JFI
    6,837 Posts.
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    Worth noting that the US dollar index is falling and the bond yields are rising as bond selling continues. This could be playing in to that scenario of whether the Fed raises or not it is becoming irrelevant with regards to the bond market and the pricing of risk. The market is selling bonds and yields are rising on concerns other than possible further growth rates.

    There is something more brewing than the mainstream narrative and the bond market knows it.

    There could be a scenario down the track with bonds sold/yields rising, gold/silver rising and dollar index falling as all the cross currencies will be in the cross hairs and they can dance around the numbers together sharing the irrelevant ups and downs as true US dollar index swings wildy.

    JFI
 
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