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Expect more pressure on gold; yield surge is not done says Lobo Tiggre
Expect more pressure on gold; yield surge is not done says Lobo Tiggre
ratings:
Length:
22 minutes
Released:
Mar 18, 2021
Format:
Podcast episode
Description
The 10-year yield rose to 14-month highs on Thursday at 1.75%, erasing the gains in gold price yesterday following the Federal Reserve's statements.
Lobo Tiggre of The Independent Speculator, said that without yield curve control, the 10-year Treasury note could rise to as high as 2%, which would cause the markets to "break".
Short-term, gold has more downside, he said.
Lobo Tiggre of The Independent Speculator, said that without yield curve control, the 10-year Treasury note could rise to as high as 2%, which would cause the markets to "break".
Short-term, gold has more downside, he said.
Released:
Mar 18, 2021
Format:
Podcast episode
Titles in the series (100)
Economy to shut down again this winter says Lobo Tiggre, investor who called gold price drop: "If Biden is sworn in, he'll shut the economy down this winter more than Trump would have. USD goes under the bus, stagflation is likely. They'll blame COVID-19, but for once, socialism might also get some of the blame for the trouble it causes..." said Lobo Tiggre of the Independent Speculator in a Tweet made last week. by Kitco NEWS Interviews