It looks like they’ve gotten rates under control. 10 yr down 6 bips to 4.32. Maybe the Chinese took a day off from their selling. Interesting that the dollar is up 1/2% and isn’t even fazing the metals.
Looks like gold is going up if the SM weakens, and nothing else much matters.
Ipso, all – we’ve been hearing for years that China has like 20K tons of gold, way more than the US. Is that true, or just more fake news?
