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"Gold is very reactive to the bond yields."How is the behaviour...

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stelios

899 Posts.

146

06/01/22

14:26

Post #: 58682409
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Originally posted by AverageJoe: ↑

Gold is very reactive to the bond yields. 10Y yield spiked through the top TL channel yesterday having rejected it technically the day before. It is inversely complemented through gold unfortunately!

10Y yield -2Y yeild curve flattening is not rising ever so slightly, could be the start of an inflationary period. Who knows.

As I suspected, a sell off in risk (equities) is not gold friendly from an observation, I am not privy to the reasons. Disappointing that the US equities opened strong then petered away infecting gold bulls. I don't know what triggered the sudden sell off in US but under the circumstances, I don't know what can trigger the gold price optimism. Covid infection rates under control perhaps?

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"Gold is very reactive to the bond yields."
How is the behaviour of US in financial markets different to any other Ponzi scheme.
If we had price discovery there would be a correlation between the price of Gold and Real interest rates, debt and deficits

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