Re: Charts & Comments- $IRX Weekly

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Fran Six

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Re: Charts & Comments- $IRX Weekly

in response to

Re: Charts & Comments- BIV

Fran Six

posted on Dec 08, 2014 07:03PM

$IRX Weekly

You might be very glad to have accumulated gold or gold mining shares when you see the following chart.

The US would have to be aggressively pricing in negative LIBOR, if the Swiss central bank is doing so. Why would they not attempt to devalue their currency as the JCB, ECB, SNB, or any central bank is doing?

Lots of grief over QE, but did you imagine that the Federal Reserve would be picking up treasuries while everyone focuses on 10 year bond yields as part of bond purchases?