The Biggest Drop of GOLD price in Seven Years after bond yields spiked higher

The rally that pushed gold to record heights above $2,000 an ounce has come to an abrupt halt, with the haven metal posting the biggest drop in seven years after bond yields spiked higher. Treasury bond yields climbed, cutting into the negative real rates that had supported the metal. The 10-year Treasury yield jumped the […]

Bear Market for the US Dollar and Good News for Gold

After forming a double top stretching back more than three years, the U.S. Dollar Index broke down decisively. With the dollar’s follow-through to the downside in late July, a nine-year up trend was smashed. As my work projected, this launched a new bear phase for the dollar. One of the first things to jump out […]