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Great Interview: [MEDIA] If nominal Bond yields peak, then real...

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    Great Interview:


    If nominal Bond yields peak, then real yields peak.
    So if the 30 year Bond yields peak then Gold will bottom, as it's value is inverse to real yields.
    For the Daily chart of the 30 year, on 13-11-2016 RSI peaked at 84+, at about the same time we saw the low in Gold at US$1,124.
    Recently RSI got to 81, now about 67.
    If we see a higher high in yields & RSI below the previous peak, i.e. 81, then we will have a negative divergence.
    Then if you see the 30 year yield drop you know the peak is in, or close, for the 30 year. And then by the same token Gold and Silver will have bottomed, not necessarily will it occur on the same day.
 
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