Interest rates are climbing quickly.

The yield on the 10-year US Treasury hit the highest level since 2011 in the midst of a massive bond sell-off Wednesday. The selloff spread across the globe on Thursday morning. ZeroHedge called the spike in yields a “monster move.”

The 10-year US Treasury yield jumped 11 basis points on Wednesday to 3.16%. In European trading, the yield on the 10-year went as high as 3.2192%. The selloff was “promoted by stronger than expected US economic data, and which accelerated after upbeat, hawkish comments from Fed Chair Jerome Powell.” CLICK for complete article

Gold isn’t boring anymore—now we can see the bottom, and it’s cheaper than it’s been since 2015, hitting below $1,200 last week after another fed rate hike boosted the dollar.

We’re looking at six straight months of decline, but this is a nearly three-decade losing streak that could be at its end…. CLICK for complete article

Gold isn’t boring anymore—now we can see the bottom, and it’s cheaper than it’s been since 2015, hitting below $1,200 last week after another fed rate hike boosted the dollar.

We’re looking at six straight months of decline, but this is a nearly three-decade losing streak that could be at its end…. CLICK for complete article

Central banks’ demand for gold reached a three-year high, rising 8 percent during the first half of 2018 compared to the same period last year, according to a World Gold Council market update on central bank buying activity released today…. CLICK for complete article

Calls by big analysts to buy gold are pretty rare these days, so when the sixth largest bank in the U.S. comes out with a nudge, gold bugs start foaming at the mouth with righteous indignation.

That’s exactly what Morgan Stanley has done—even if it really doesn’t like gold much. CLICK for complete article