Current Account Deficit | The Daily Gold

Lower Current Account Deficit = Lower Demand for Treasuries

Dec 21, 2009

China and others can't buy Treasuries at the level that the US needs it to.

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Jordan Roy-Byrne, CMT (aka Trendsman) is a Chartered Market Technician, a member of the Market Technicians Association and a former official contributor to the CME Group, the largest futures exchange in the world. He is the editor of The Daily Gold Premium.

Jordan began The Daily Gold Premium in July 2009. The model portfolio as of the start of 2012 has a CAGR of 39% versus 13% for GDX and 18% for GDXJ. Jordan’s work has been featured in CNBC, Barrons, Financial Times Alphaville, BusinessInsider, 321gold, Gold-Eagle, FinancialSense, GoldSeek, Kitco and Yahoo Finance. In his spare time he enjoys spending time with Mrs. Trendsman.

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Lower Current Account Deficit = Lower Demand for Treasuries

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