So tell me, after reviewing this chart, if the long bond's yield does break that inverted head & shoulders conclusively, what do you think Newmont Mining is going to do? Sure, there will be a desperate contingent saying to buy USD due to rising rates, but IMO that will be a foolhardy thing to do. That's what premier gold miner NEM's TYX-correlated chart tells me.Whether you are bearish or bullish folks, things are asymmetrical as this is not your father's stock market. It is easy to say 'man, this mess is *$!%'d up' but the answer may not lie in a net bearish stance. You may be forced into assets.
Dat's de inflation scenario. Meanwhile, Non-Resolution '10 chugs on.
