"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

Monday, July 16, 2012

Another view of the long bond...

This time by its price instead of its yield.  So is this thing going to accelerate upward and wreck the system or not?  From NFTRH190:











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

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at 7/16/2012 10:55:00 AM
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6 comments:

  1. I'd expect the chart to get broken to the upside in the next market collapse. I.e., the bond price to go parabolic.

    I just don't think that this very moment is the next collapse.

    ReplyDelete
    Replies

    1. How do we know there is going to be a next market collapse? Maybe the bond is telling us that when this surge ends, it is going to be time to buy stocks hard?

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    2. 1. There's usually 3 crashes in a bear market. Some TA said this, I dunno. Check the 100-year Dow chart.

      2. The financial criminality that has caused this bear market since 2000 has only gotten worse. You need thousands jailed (or hung) and the system strongly re-regulated before capital quits the synthetic ponzi world and goes back to seeking out materially productive ventures (which will give you a bull market). This probably won't happen til you get another brutal crash, one that sovereigns can no longer bail out because they've already assumed so much debt and their subject peasantry has been driven to armed insurgency.

      3. Also, a lot of Tier 1 debt has become Tier 2 debt recently. That might be putting a bid under US bonds.

      (Ha! I almost wrote "dongs" there.)

      Delete

    3. No you were right the first time; the correct term is US dongs.

      Delete

  2. Oh well, all trend lines are eventually broken...I read that somewhere!

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