Loading ...Ok chart pros, chart below 10 year. We pretty much bottomed in September and started dropping Feb 1st, with this jump in yields since Feb 1st. It looks like the low points were getting closer to the 200 MA. So the question now is, is this a high point for rates to drop from here? All my miners are still above the September bottom. Even big dog CDE.
Rates climbing since September but Gold went $1625 to $1825 today even with higher rates. Golds Sept Low point $1625, if it happens again? It would be a gift from God, maybe the last chance for some physical buyers including banks and gov’ts. By the looks of things rates would have to double from here to get gold back to $1625. I personally don’t care what they do, they can’t win because they already lost it long ago.
https://finviz.com/futures_charts.ashx?t=GC&p=d1