Dollar Jumps, Gold Dumps Below $1300 On Hawkish Yellen Hype

Gold has snapped back below $1300 (erasing North Korean risks) and the dollar is extending gains.

On the heels of Fed chair Janet Yellen warning of looming inflation and the need for The Fed to perhaps not move as slowly as they have suggested, gold has snapped back below $1300 (erasing North Korean risks) and the dollar is extending gains...

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Stocks, bonds, and bullion are all sliding...

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Notably so is the 5s30s yield curve...

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