Make no mistake … you are going to see a lot of government buying over the next week or so … taking advantage of China being on holidays … getting ready for March … sending a message to the market … Texas doesn’t matter (MOPE – thank you Jim Sinclair).
And if you think this is something … just wait until long rates hit 20% … yikes.
ALASDAIR MACLEOD | Long end yields will soar past 5%, 10%, 20% as debt trap has been sprung!
PMs will be the only show in town in the not-too-distant future folks.
Make no mistake.
Cheers all
