"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, February 9, 2012

US Treasury winding up...

As they finish up the bond auctions, maybe the goons will ease up on gold and other asset markets.  Maybe Treasury yields will no longer be held in check.  Whatever, yield positive correlator TBT remains within a bottoming stance w/ daily MACD and AROON positive and a price back above the EMA 50.

Thus, "inflationary 2012" remains good to go by this view.















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