undgrd
1st October 2010, 08:59 AM
I'm putting this in General because it straddles Gold and Finance. Mods, feel free to move if not appropriate.
http://www.zerohedge.com/article/2-year-drops-fresh-all-time-low-yield-prepares-breach-04-gold-touches-fresh-record
Submitted by Tyler Durden on 10/01/2010 09:36 -0500
As Morgan Stanley pointed out earlier, the entire market now revolves around the insanity of one man. Just one man. That insanity has just taken the 2 Year UST to a fresh all time low of 0.4066%, and gold to an all time high of $1,320. Once the record divergence between stocks and bonds collapses, it will be one for the generations. Too bad not many may be left. At least gold "bugs" will have the last laugh over the paper bugs before it all blows up.
2 Year, fresh all time record:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/2%20Year%2010.1.jpg
Gold, fresh all time record:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/Gold%2010.1_2.jpg
http://www.zerohedge.com/article/2-year-drops-fresh-all-time-low-yield-prepares-breach-04-gold-touches-fresh-record
Submitted by Tyler Durden on 10/01/2010 09:36 -0500
As Morgan Stanley pointed out earlier, the entire market now revolves around the insanity of one man. Just one man. That insanity has just taken the 2 Year UST to a fresh all time low of 0.4066%, and gold to an all time high of $1,320. Once the record divergence between stocks and bonds collapses, it will be one for the generations. Too bad not many may be left. At least gold "bugs" will have the last laugh over the paper bugs before it all blows up.
2 Year, fresh all time record:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/2%20Year%2010.1.jpg
Gold, fresh all time record:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/Gold%2010.1_2.jpg