This fixation with gold to 10 year yields at the moment is ridiculous tbh. As Skol reminds us, “things change”. The conventional wisdom that rising yields are bad for gold used to be an easy indicator, but that was before the GFC and Covid, and goodness knows how much QE, money printing and market propping by central banks to keep the ship afloat.
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This fixation with gold to 10 year yields at the moment is...
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