UST SUPPLY ABOUT TO NEARLY DOUBLE – YIELDS INCREASING DEPENDENT ON FOREIGN DEMAND — SOURCE: 12-19-17 Bloomberg – “U.S. Treasury Sales Are About to Double 2018. Who’s Buying?” — Onus may shift to price-sensitive investors like hedge funds If central banks step back, that could mean higher yields With the U.S. about to sell the most debt […]
THE BOND MARKET IS NOT BEING FOOLED BY “2017 TRUMP CROSS CURRENTS” Long Term US Treasury Yields have been is an unrelenting downward trend since Paul Volcker was Fed Chairman in the early ’80’s. This trend is not about to be reversed because there is simply no other solution to the US debt problem. The Federal […]
Another Reason Not To Sell Bonds…Yet As I penned last weekend: “If the market corrects, OR the economy hits a speed bump, OR something happens in the Eurozone, OR…OR…OR…the covering of short positions in bonds will cause an extremely fast drop in yields. Sure, anything can happen. If yields on the 10-year Treasury break above 3% it […]
“War of Words” Between Fed and Trump Administration Is Now Underway! USD DOWN > BONDS UP > YIELD DOWN (Cheaper Dollar Means Bonds Cost More in $$ and the Yield is Less) WAR OF WORDS BEGINS WEAKENS $$:Trump (WSJ Interview) and Mnuchin (Confirmation Testimony) Indicate they fell Dollar is PRESENTLY too high. STRENGTHENS $$: Yellen […]
Central banks have been buying gold with a vengeance After years of selling bullion, official gold holdings are rising once again Central banks are now buying gold after years of selling off their stockpiles. LONDON (MarketWatch) — Central bankers are creatures of habit, especially when it comes to dealings in gold, no longer formally part […]
Unfavorable Environment. hasn’t stopped Exploration & Production from tapping markets – Deal value in ’16 – highest since ’95 SOURCE: FT
Global Oil Glut set to worsen after Nigeria and Libya’s fields restart SOURCE: 09-14-16 Bloomberg Oil Glut Set to Worsen as Nigeria and Libya Fields Restart
LATEST MATA GOLD CHARTS SEPTEMBER 2016 MATA
