I've been loading on these like crazy, all day long.
Yields have peaked, by any measure. Also, the inevitable - continuous - U$D buying can't help but push these higher.
The Yuan/Rubble based trade, while present, is miniscule and capital isn't exactly flowing into mainland China. No one trusts the Chinese and the Russo-Chinese alliance is about as stable as a floating dice game. Hence, the Chinese central Bank's insane gold buying spree despite which gold prices couldn't muster more than an intra-day all time high, lasting all of 5 minutes.
All U$D, all day long.
Yields have peaked, by any measure. Also, the inevitable - continuous - U$D buying can't help but push these higher.
The Yuan/Rubble based trade, while present, is miniscule and capital isn't exactly flowing into mainland China. No one trusts the Chinese and the Russo-Chinese alliance is about as stable as a floating dice game. Hence, the Chinese central Bank's insane gold buying spree despite which gold prices couldn't muster more than an intra-day all time high, lasting all of 5 minutes.
All U$D, all day long.
Transaction en cours:
LONG
Transaction en cours:
Once again, ...
... rates are on the decline - LONG
