Forex question:Is a 1.9T stimulus likely weaken the dollar vs. other currencies? I guess since the stimulus is pretty much a given and only a matter of time, maybe it’s already cause the USD to decline...
As @ttmygh likes to say: never confuse gold price w/the price of gold. The former lives in the screen; the latter is what you pay for actual gold.Quoted right now:Futures: $1,726/oz1 kg bars: $1,810/oz1 oz bars: $1,847/ozGold eagles: $1,922/oz— Simon Mikhailovich (@S_Mikhailovich) February 26, 2021
As @ttmygh likes to say: never confuse gold price w/the price of gold. The former lives in the screen; the latter is what you pay for actual gold.Quoted right now:Futures: $1,726/oz1 kg bars: $1,810/oz1 oz bars: $1,847/ozGold eagles: $1,922/oz
Our model of 10-year Treasury yields suggests that while yields may drift up from here, there is still more downside. https://t.co/25SCCwraMX pic.twitter.com/l9UnDRW8T2— Scott Minerd (@ScottMinerd) March 2, 2021
Our model of 10-year Treasury yields suggests that while yields may drift up from here, there is still more downside. https://t.co/25SCCwraMX pic.twitter.com/l9UnDRW8T2
I could have sworn I just heard Scott Minerd say on CNBC that he expects the 10-yr T-note yield to go to zero or even below (the anchor had to pick himself off the floor). So me, Gary Shilling and Lacy Hunt don’t have to wait for a fourth at the bond-bull bridge table any longer!— David Rosenberg (@EconguyRosie) March 2, 2021
I could have sworn I just heard Scott Minerd say on CNBC that he expects the 10-yr T-note yield to go to zero or even below (the anchor had to pick himself off the floor). So me, Gary Shilling and Lacy Hunt don’t have to wait for a fourth at the bond-bull bridge table any longer!
