Here's the 5-day chart, the yield drops each day, morning to evening:
2.6190% last off 0.0240.
and gold over the last couple weeks:
The big spike on non-taper day was pretty much the action.
We were able to catch some of the twists and turns. The decline from the spike:
$1357.40: What a Lovely Price to Sell Some Gold At
Goldman Sachs attempting to thwart my plans for world domination:
"Goldman Flip-Flops: Sees Near-Term Upside In Gold"
Waffling at the high end of the range Friday morning:
Lines on Charts: Gold Buyers Not Very Enthusiastic
Commentary Friday afternoon:
Today's Selling Cascade in Gold
JPMorgan Says "Buy Gold", Conspiracy Theorists Dazed, Confused
Long term projection $875 Q3 2014
UPDATED--Gold is Going Much Lower
A short term reversal
UPDATED--"Gold Miners: Which Miners Can Weather Lower Gold Prices?" (GDX; ABX; GC; NEM)
As of right now we're seeing a slowdown in the rate of decline in the futures so we'd guess they stabilize or even tick higher over the next couple days.
The ride up begins
Major Decline in 10-year Yield Favors Gold
Sometimes you get lucky.
And today, Sherlock Holmes in Silver Blaze:
- Gregory (Scotland Yard detective): "Is there any other point to which you would wish to draw my attention?"
- Holmes: "To the curious incident of the dog in the night-time."
- Gregory: "The dog did nothing in the night-time."
- Holmes: "That was the curious incident."