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30Y Yield Tumbles To 2-Month Lows, Gold Bounces After Double-Flash-Crash
Despite the glad-handing over Amazon's results, the rest of the world appears less than impressed with the state of the status quo. Bond yields continue to plummet with 30Y yields at 2.95% - its lowest since the start of June. Gold saw a double-flash-crash overnight but is bouncing back for now - back above the key $1080 level. The Dow and S&P have given up gains and are back in the red and even Nasdaq is fading fast as Biogen and Amazon battle it out to affect the index...
Bond yields continue to tumble...
and gold has bounced back above the $1080 long term channel level..
and stocks are fading...
Charts: Bloomberg
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Tell me when the 10-year is back down to 1.6, so I can dump all my holdings. Quick. get london on line. I need some treasury manipulation.
Gold Bounces After Double-Flash-Crash
Penalty flag on the play....only one flash crash per day please.
We'll also need to see a note from your parents.
"get london on line."
I think you need to contact them in a chatroom or text.
Call Goldman and ask them how to get that done.
yup, the two + month rise in rates has hurt.
10 yr has to take out 2.18, then 2.04, then 1.92 then 1.78. after 1.78 there is no more resistance until 1.35. unlikely but a chance we will see 1.15 in yield this year.
Nova
deja vu all over again
Hey Mr. Gilson!
Mind sharing with us if you've thought this all through?
What could possibly be the end game? You and us, we all know that the central banks that matter won't stop stocking up on gold if spot falls below 1000 USD.
I don't care what the price goes to until this fiat madness ends. The dips only provide better buying opportunities. Here's to hoping gold dips to fit into my very tight budget. I would love to add some to my stack. It's mostly the other shiny metal right now.
Make sure you also have plenty of "the other white metals," steel & lead.
Amazon posted a profit! So time to crank up the stock buying.
Nothing makes any sense any more.
It's not your fault.....Common Core wasn't around when you were growing up.
Gold's down 11 bucks from yesterday's close, as of now. Gold bugs are getting stomped on again. Should have bought "Pet Rocks".
get into amzn....it's on fucking sale.
The flash crashes just cost 'em another 3,000 ounces of .9999 fine silver bullion added to my monstrosity gunsafe, surrounded by steel & lead.
Thanks, bankster cartel!
I have no idea where this drop in gold and silver is coming from, but I cannot buy a "REAL" gold eagle for less than $1,145 or a "REAL" silver eagle for less than $18.76. This "paper" drop has no bearing in my real wrold. REAL gold and silver have not fallen yet.
Why eagles? Go for well known private mint rounds & save at least $2/oz.