Marketplace’s Paddy Hirsch takes to his whiteboard – with some help from three little pigs – to explain one of the suggested methods of tackling the European debt crisis:
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Here’s what you need to know to make the right call
Don’t fight the Fed in the gold market and especially not now, argues Chris Henwood of The Henwood Edge and a former trading VP at Goldman’s J. Aron.
The stability we’ve seen over the past week has faded, and natural flows will drive the market again.
As I’ve discussed quite a bit recently, the recent sell-off in the U.S. Treasury arena seems to underscore the point that the money and bond markets have finally ‘come to the Fed’ and accepted this higher-for-longer theme.