|
PureBytes Links
Trading Reference Links
|
I was really scratching my head when I heard that piece on CNBC - because I chart
both gold and bonds - and have never seen the kind of correlation he was talking
about. Wonder what his methodology was? Anyway - my conclusion (from a lot of
work) is that anyone who works with bonds based on gold prices does so at his
peril (but don't take my word for it - do the work yourself). Robyn
Robert Cummings wrote:
> I understand what your saying but he was using yields so both were going
> down. He said it was the strongest correlation he has ever seen 6.5%. If it
> worked for the past ten years then it does point to deflation as opposed to
> inflation. The Feds have changed bias to tighten 15 times in the past but
> only did 3 times. This could be very valuable information if it's to be
> believed.
>
> Robert
>
|