Interview: Correlations Between Gold, US$, Yields & Stock Market
Jordan Roy-Byrne joins me today to outline the recent movements in gold, the USD, and treasuries. After the strong upward move by gold last week people were thinking we could finally get that breakout above the $1,360-$1,375 range. The last couple days have put an end to those thoughts and now being one day away from the end of the the quarter for the markets the breakout seems less likely. We also compare the USD and 10 year yield charts to our outlook for the metals.