Goldtent TA Paradise

$TNX & $YC2YR

1. red label says:

   September 9, 2017 - 11:33 pm at 11:33 pm

   This leads into a topic nobody is even talking about. The FED unwinding and the USD in a Bear Market. Where are interest rates headed? I wouldn’t want to be in USD Bonds at the moment who is going to buy at these returns unless they have too ie pension plans. The FED is handcuffed can’t raise rates but they say the want to unwind. Washington wants to increase the debt limit and sell to who? Who’s the sucker?

   Debt may be crippling for the overleveraged including the general SM and the some of the not so well managed Miners. I’m trying to think of a yield where i would actually be interested in US Bonds.

2. Cervantes says:

   September 10, 2017 - 6:03 am at 6:03 am

   What are the real implications for the US economy of that charts? I mean US pension system (I´m from Europe so I don´t know the US system).

   What are the implications for gold?

   • JenkinsLane says:

     September 10, 2017 - 1:47 pm at 1:47 pm

     It’s complicated. For example, most US household mortgages are priced off $TNX so when $TNX falls, the cost of obtaining a mortgage falls, as can mortgage interest rates if you have taken out a variable mortgage. Generally, $TNX falling means cost of money is falling (generally beneficial), rising means costs of money rising, (negative for economy as a whole).

     US pension system, as with most, if not all, Western pension systems will collapse, sooner or late IMHO. Have all pension assets in real, income producing, depression /economic collapse proof assets only, which is agricultural land.

     Gold generally rises as $TNX falls & vice versa.

3. Highroller says:

   September 10, 2017 - 12:48 pm at 12:48 pm

   they cannot raise interest rates and Trump wishes to rid the debt ceiling provision which hits them every year. So now they can go to the money printing ATM whenever and now the hurricane damage will cost hundreds upon hundreds of billions to repair and thus they continue to print out more cash, thus the confidence in the dollar tanking. Perhaps Trump figures that he can default on the money owed to other countries, good luck with that one as that will tank the dollar faster than ever. Their leadership is in disarray and most cities,states greatly underwater with debt and thus have to keep raising taxes to cover the failing pensions. Most politicians are dropouts from society that could not be employed and they put their name on the ballot for a 30% chance to win so how can one think smart people are running things from local town hall to regional and so on. Depends which part of Europe you are in, Italy,Spain, Portugal,France,Germany all broke as well. How much interest on savings does your bank pay? 3/4% after taxes in Canada. One bank anywhere catches a cold and they all go down together in my opinion. Communism collapsed years ago in Russia and they have survived. The West is the Communist system now but most do not see this reality as gov’t propaganda, the Wests’ turn to collapse soon as too much debt and the state pays so much looking after everyone who gets a papercut. Why not gold? Something material from actual labour away from the reach of gov’t hands and accepted worldwide by countries to say the very least.

   • JenkinsLane says:

     September 10, 2017 - 1:49 pm at 1:49 pm

     I think you would find these books interesting:

     https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/ref=sr_1_1?ie=UTF8&qid=1505065697&sr=8-1&keywords=the+mandibles+a+family+2029-2047+by+lionel+shriver

     https://www.amazon.com/gp/product/1608467732/ref=oh_aui_detailpage_o00_s00?ie=UTF8&psc=1