The reverse in the rate inversion worked - at least for today. This is a proxy for the 30-year yield:
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!
The only way to make sense out of change is to plunge into it, move with it, and join the dance.
- Alan Watts