Welcome To The Golden Band Resources HUB On AGORACOM

Saskatchewan's SECRET Gold Mining Development.

Free
Message: $IRX Weekly

$IRX Weekly

Treasury bill rates are recording an historical low today at the close, on stockcharts.com that means 0.003. The chart is showing a rate that is 10X the actual treasury bill rate:

http://scharts.co/1cFDeTH

Any hint that rates could go negative have been removed from MarketWatch. When the rate has gone negative in the last year, that is now recorded as 0.005:

http://www.marketwatch.com/investing/bond/3_MONTH?link=MW_story_quote

Treasury bill rates are recorded as 0.00 on Yahoo Finance:

http://finance.yahoo.com/bonds

Gold is also in backwardation, if you remove the April contract from the futures chain, since April contract expirty was last week:

http://finance.yahoo.com/q/fc?s=GCF14.CMX+Futures+Chain

Gold does not have an interest rate, which can be a good thing should interest rates go nominal negative at the short end of the yield curve.

-F6

Share
New Message
Please login to post a reply