More Of The Same

Wed, Feb 24, 2021 - 11:00am

Bonds are down (rates up) and the POSX is up. This is almost always a toxic brew for Comex gold and it is again today. However, also in the more of the same category, the commodity board is mostly green as that train is now out of the station and headed down the tracks.

The most important question that we continue to ask is..." How far will The Fed allow long rates to rise before moving toward Yield Curve Control "? Over the past few weeks, we've suspected that the highest The Fed might allow the 10-year note yield to rise would be 1.40-1.50%. Well, as of today, here we are....

About the Author

tfmetalsreport [at] gmail [dot] com ()

79 Comments on More Of The Same

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 7/26

7/27 8:30 ET Durable Goods
7/27 9:00 ET Case-Shiller home prices
7/27 10:00 ET Consumer Confidence
7/28 2:00 ET FOMC Fedlines
7/28 2:30 ET CGP presser
7/29 8:30 ET Q2 GDP first guess
7/30 8:30 ET Personal Income and Spending
7/30 8:30 ET Core Inflation
7/30 9:45 ET Chicago PMI
7/30 10:00 ET UMich Consumer Sentiment

Recent Comments

by Boswell, 29 min 10 sec ago
by Wizdum, 40 min 37 sec ago
by dangerkitty, 47 min ago
by Stretch67, 47 min 44 sec ago
by OceanX, 1 hour 54 sec ago

Forum Discussion

by murphy, 1 hour 12 min ago
by Green Lantern, Jul 26, 2021 - 10:08pm
by GuerrillaCapitalist, Jul 26, 2021 - 7:16pm
by Green Lantern, Jul 26, 2021 - 9:55am