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« Gold Prices +9% in 2018 Says GFMS as ECB's QE 'Taper' Dents Euro | Main | The Coming Gold Breakout »

MAJOR ALERT: This Mega Breakout Threatens To Rock Global Markets

A Breakout In Interest Rates?

October 25 (
King World News) – Very important note from Andrew Adams at Raymond James:  Another item worth watching very closely is that the benchmark 10-Year U.S. Treasury rate climbed above 2.40% yesterday for the first time since early May after failing to do so a couple of times in July and early October

Breakout Threatens To Rock Global Markets

This resistance level could now act as support, and there really isn’t any clear major resistance again until closer to 2.60% (2.42% and 2.50% are more minor resistance levels). Obviously given how important interest rates are to the financial system, this bears monitoring.

read more......

a rate hike in December looks probable, but it is alread baked into gold 's cake....

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