Gold & Yields; What Thing Looks Like the Other?

NFTRH & Biiwii's Unique Market Perspectives • Feb 26, 2016 at 4:56 PM EST

A million different pictures, a million different stories.

I was looking through some charts and when I saw the daily 30yr-5yr yield ratio it seemed familiar. Hmmm… Oh yeah, that’ it! It looked a lot like a GLD chart I had checked out earlier. Here are the two Amigos for reference.

gold and the 30yr 5yr yield spread

It makes sense because gold is squarely a risk ‘off’ item now and the 30yr/5yr is antithetical to the risk ‘on’ stock market as this chart clearly shows.

irx and spx

Got to love charts, eh? A million different pictures, a million different stories.

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