"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

Wednesday, March 14, 2012

Risk has apparently made a decision...

And it's 'RISK ON' thanks to FOMC and its bag of interest rate tricks.  NFTRH has been watching this ratio for months now, and yesterday it finally broke upward. 

If it stays that way, 'i2k12' will really get cooking as speculation is being promoted.  And yeh, I am leaving the (i) at the beginning of this catch phrase because regardless of one academic's manipulative efforts on Treasury yields, there is inflation at work here.  They have just become really sophisticated in their methods of disguising it.










http://www.biiwii.blogspot.com
http://www.biiwii.com

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