How To Play The Gold Break-Out In Fixed Income Markets
While Jeff Gundlach's favorite chart continues to diverge, as Treasury yields tumble (10Y at 2.08 lows today) and despite gold's surge, copper's keeping up...
Knowledge Leaders Capital blog's Steven Vannelli takes a look at how to value gold and how to leverage the gold breakout into fixed income markets.
Today gold is trading over $1,325, the highest since November 9, 2016.
The breakdown in the USD Index last week was a good signal telegraphing the short-term breakout in gold.