Oil Was Up 3%, Stocks Rallied: Correlation to Weak Bond? What about strength in Dollar/Yen?
As the USdollar and Euro weaken so gold will strengthen. Gold and silver are set to soar and the US long bond will go to 7% and more as people start to realize that the US government is running a ponzi scheme far worse than poor old Bernie. SLW and IAG are two great ways to play Silver and gold. BUT, being long TBT is not the best way to play the rise in yields as leveraged ETFs are not suitable for long term investing....It is best to open a futures account for longer term bets....The dollar and the entire system is on the verge of total collapse and no one is going to lend the US government money that they no hope of repaying.