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RE: SILVER UNSURPRISINGLY SMASHED DOWN...AGAIN $SLV $GLD

in #steemsilvergold • 7 years ago (edited)

I agree at the beginning, however gold and silver actually rise in a higher yield environment. I am expecting yields to not breach 3% here SPX is waiting on this confirmation before heading back up (it will breach 3% laster this year IMO)

UPDATE: It just hit 3% lol, I still think it fails here. I do not think this is THE BIG Rates move..

7 years ago in #steemsilvergold by
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     7 years ago 

    Good eye on the 10 year yield. Pretty much everyone in fixed income trading is in a wait and see for what comes next.