Thursday, April 14, 2011

In A Word - Close

Why have Jim Sinclair, Pimco's Bill Gross, and other smart money begun to position against US long bonds?

If there's one chart the provides a glimpse into their mind, it might be this one.

30-Year US TBd Yield and Gold London PM Fixed


If there's a word that best describes this chart, it would be "close".

0 comments:

Post a Comment