"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, April 13, 2010

US Treasuries not buying the bull

Don't look now but Treasury bonds still have life in them, which means the inflation commanders have not yet won the battle. I think they'll win the war, but if these bonds continue to get the bid, there will be pain in the interim. Here's the chart once again from the updating chart list.