Hi john – its always very interesting to hear what you are up to
Money is fleeing Europe and going into US bonds (yield now down below 2.0), and aussie bonds (also at record low yields)...... i suppose that indicates that the low yields and concerns in Europe & japan are more forefront in their minds than US interest rate rises which will happen whenever this year....
Ie. Bond yields should be rising if there were concerns about interest rates rising about the middle of this year- but they are not......with bond yields down, and also with the price of oil down the price of gold should also be down also . but it is not ??????????????? maybe gold is readying for increased interest rate rises .
Your right about panic selling of oil whether it will end with a downward spike or or a slow broad U turn who knows – maybe i will put in a buy at say 43c.
You certainly keep it broad –
Long bitcom ??
Long Russian equities ? – i’d be going the other way, but i know absolutely nothing as to how far there market has fallen, or when trade sanctions might be eased, or the future of Russia, – which is partly based on the price of oil ......
Of course, if the Russians eventually got jack of what putin is bringing on them and brought in a new leader, that would give their market a huge boost.... protest at your own peril...
