Continued interest in gold; sentiment improving A mighty nonfarm payroll number takes some of the wind out of gold’s sails As silver continues to outperform, which is bullish Fed doves turning hawkish Silver much perkier than gold as we write (8th August) After a 5.6% rally in week to Monday 1st August, and an accompanying […]
The decline in Commodities opens the window for deflation
The decline in Commodities opens the window for deflation.- so US 10yr yields look cheap at 1.82%! The sell-off in commodities started in Asia yesterday after the US had marched the complex higher on Friday on optimism that the weak US employment report could stir the Fed into QE3. Steep falls with Copper down near […]