"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, March 3, 2011

US Treasury Bonds don't like it...

And if yields continue upward, the recovery - which is technically real my friends (see manufacturing) - will be exposed as the product of inflation, and nothing more.  It will have been birthed by inflation and in due time, killed by it.

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