Look For A "MYSTERY BUYER" Soon...
From Greg M
Lions and friends…
Today the US 10yr yield is spiking, and this is putting pressure on stocks.
In my opinion this will not last…
I fully expect that “a miracle” will occur before this gets grossly out of hand and a mystery buyer (the fed) is going to step in and increase its purchases of debt.
I would look at this as an opportunity to add to our current long positions.
GM
The whole system is a fraud, this corrupt currency has brought us into the twilight zone of a banana republic.
Normally when the 10yy spikes like this the dollar also jumps and commodities fall, but so far the opposite is happening. Maybe investors are realizing debt, dollars, and even stocks provide no safety, only hard assets do.