Bond Market: Explosive Move In Yields In Reaction To Trump

We had an explosive move in yields. Some people are saying, well maybe this is just the bond market reacting to the possibility of higher growth. No! This is the bond market reacting to the possibility of much bigger deficits, huge supply. What Donald Trump is promising to do is going to explode an already enormous budget deficit. (10- year U.S. Treasuries, iShares Barclays 20+ Year Treasury Bond ETF (TLT), 30-year U.S. Government Bonds)

Trump: The Bond Market Is Giving A Flashing Warning Signal

Donald Trump is intending to increase government spending in infrastructure to create jobs, on national defense to keep us safe, on taking care of the veterans, to build a wall...He is talking about massive increases in spending and at the same time he is talking about substantial cuts in taxes. He wants to cut the corporate tax rate, he wants to cut the individual tax rate. This is something we have not seen since Reagan. Donald Trump is going to run into a brick wall that did not exist at the time of Reagan and the bond market is really giving a big flashing warning signal.

The Only Way Central Banks Could Hurt Gold Prices

The only way to really hurt gold would be for Central Banks to become aggressive inflation fighters, to really get in front of the curve, to raise interest rates substantially. I do not see any of that happening! (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))