Market Timing Brief™ for the 9-01-2017 Close: Is North Korea a Threat with the SP500 Index Back Near Highs? Gold Breaks Out with Rates Moving Off Low.

tnx-10-year-treasury-note-vs-xgld-gold-market-timing-chart-2017-09-01

tnx-10-year-treasury-note-vs-xgld-gold-market-timing-chart-2017-09-01

Note the inverse relationship between the 10 Year Treasury Yield and Gold.

Advertisements

Market timing gold vs. the 10 Year Treasury Yield. Higher rates are bad for gold, unless inflation runs ahead of rates. Inflation is subdued at the moment.

Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s