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US Three - Month Treasury Bill Rates

In searching for treasury bill rates via Google or Google news, very little actual information would actually come up. This has now changed, as there is suddenly a wealth of information available.

If saw doom in manipulated rates, have someone strap you down for apoplexy should rates go nominal negative.

There was a brief period of negative rates last week and you can see it on Marketwatch's website if you select a 3-month period for the chart.

What that might mean us a re-rating of the whole forex market, or a needful decline the US currency.

Banks would also vie with one another for gold.

In such a scenario, a producing gold mine with a dividend will attract investment dollars(only accept Canadian $).

A mine that 'only' produces 50 - 100k is not a failure in this scenario by any measure.

http://www.marketwatch.com/investing/Bond/TMUBMUSD03M?countrycode=BX

$Gold Weekly

A $40 decline in the gold price was followed by a complete retracement this last week.

On the opening of the quarter you aught to expect some decline, as traders play out their options.

What has occurred is a price outlier, only to conform with a probability curve in a volatility smile.

A derivative strategy in vogue that uses this strategy is 'out-the-money' when the prices rise above the smile. Prices would have to be below the bottom set last June an 'out-of-the-money' smile-option.

http://scharts.co/15SkfR3

-F6

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