Bonds are down as traders try to think ahead...alas in vain!
Traders are way too "micro" in their thinking...too much the "story of the day"
...what's needed is a more "macro" style.
But alas, I would call that: "Wake Up Screaming from the American Dream!" And no one on the Street want's to go there....just yet.
Gold seems to be the new Google! Gold at $600 by spring is now a real possibility...and maybe even higher.