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Gold stocks, as represented by the XAU Gold and Silver index, have
gained just over 10.0% over the last four trading days, and the yield
curve (30 year over 2 year) has steepened by 8.7 basis points over the
last 2 days.
Can he equity market continue to fight these negative counter-forces ?
It's been amazingly bouyant....climbing those "walls of worry".
If that yield curve steepens any more.....it may fall over backward (along
with the economy) !
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