The U.S. interest rates are falling and gold is rising. I think that the sentiment on the treasury is overly negative and this might favor the gold. The graph shows the net short exposure of small investors.
I think the Shanghai index is telling us the truth about what is happening now and what will happen to the Chinese economy, which is a growth rate of the GDP lower than 7.5% valued by the Government.
Interesting post about the damage that the tapering would cause to the U.S. financial system.
http://www.zerohedge.com/news/2013-06-30/how-taper-tantrum-cost-us-banks-25-billion-q2-net-income
The bearish movement of UsdJpy has developed into 5 waves. The current one is a correction that is not going to last over 99.30. Stay bearish, target 90.
It does not seem a bad idea to me to continue to accumulate TBond on the rises; itâs one of the few tools that can defend the portfolio when volatility explodes.