Descripción
⋅ This past week confirms the following that you have to respect the impossible Trinity.
You can have a positive stock market & attract foreigners with rising bond yields, but not with a rising USD.
The new Bear Market in Bonds with rising yields will be very positive for gold.
Looking at the ratio of TLT / GLD as a proxy for gold
and the rising 10 year yields TNX tradingview.com/chart/dU7uAw9P/