Gold, Bonds, & Yen Surge As US Equity Markets Open

US equity futures were deleriously bid from the moment Europe opened overnight...


But as US equity cash markets opened, 'risk off' flows suddenly hit sending Yen, bonds, and gold kneejerking higher...


Silver Savior Tue, 11/21/2017 - 09:45 Permalink

Good  thing I know all bonds will collapse and be worth nothing along with any fiat currency besides gold backed Yuan. Everything points back to gold. How could that be?Like how financial planners always want to lose 90% of their people's portfolios because they only reconned 10% gold allocation if that. Comical. Sadly understandable since they don't make commissions recommending gold. Financial planners had their place in the good ol days but today they are worthless.

Iconoclast421 Tue, 11/21/2017 - 09:52 Permalink

Gold is looking pretty good here. Good but volatile. Looks like a fine time to run a GDX straddle. Dec 15th $23.00 calls, $22.50 puts. It looks like it is going to break hard one way or another.

udopia Tue, 11/21/2017 - 11:59 Permalink

Quick question for those knowledgeable.  If gold is stolen from a depository are you reimbursed from its value at time of loss or at time of payment?  The answer suggests if you are getting gold back or money back.