Loading ...Avoiding Commodities…
“The direction of the 10 year treasury yield ($UST10Y) vs. the German 10 year treasury yield ($DET10Y) suggests an upcoming rally in the dollar, possibly a huge rally. Accordingly, I would avoid commodities altogether”
The direction of the 10 year treasury yield is what JenkinsLane has been emphasizing…
http://stockcharts.com/articles/tradingplaces/2018/04/i-cannot-own-commodities-and-heres-why.html
You go Sir Jenkins
Yes, but the current move up in the 10 year yield is exactly what started the gold bull back in the early 2000’s, so if history is a guide, PM’s are set to embark on a big move to the upside.
See my post above.
Thanks for posting ES. I happen to agree with you, looking to get short via drip and dgld.