RE:RE:Stock steam hissing...if you have been listening to the Fed heads over the past two weeks their comments on bond yields has been stand offish. They don't want a big crash in markets or housing but they do want a little of the exuberance off the table. This is purely to avoid a large crash which would damage things for a longer time.
It's their actions that need to be looked at. They don't want treasuries at higher rates right now. So YCC will happen but not while being 'watched'.
The market is already sensing things and hence the larger gold miners are now benefiting.
Yes this might be a short term event but normally all assets should drop. Gold has probably bottomed but let's see.
As I said earlier stick to the stronger PM plays for now.