Comment: Hey, thank you.

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Michael Nystrom's picture

Hey, thank you.

The reverse in the rate inversion worked - at least for today. This is a proxy for the 30-year yield:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s...

Rates took a big jump today. We'll see if it was a one day anomaly, or the start of a trend. Like I said somewhere else on this thread, price is the ultimate reality. I stole that from Richard Dennis: All known information is reflected in price.

While I personally lean towards deflation, I try to keep as open a mind as possible, and always monitor gold, the dollar and short + long term interest rates. I think this is going to be a pretty interesting year!