{"id":380034,"date":"2018-10-07T17:37:21","date_gmt":"2018-10-07T16:37:21","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/is-gold-decoupling-from-debt\/"},"modified":"2018-10-07T17:37:21","modified_gmt":"2018-10-07T16:37:21","slug":"is-gold-decoupling-from-debt","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/is-gold-decoupling-from-debt\/","title":{"rendered":"Is Gold Decoupling from Debt?"},"content":{"rendered":"<div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t                            \t<!-- S3 Cache --><!-- S3:S3:Non-Original -->\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>When I went outside this morning to wrangle my goats to milk them, I noticed something had changed.\u00a0 All of a sudden it was October.\u00a0 It was chilly in a way that only fall in North Florida could be, slightly drier and more temperate.\u00a0 While it was a cold, wet summer for the most part, the past few weeks have been the kind of hot we used to in these parts.<\/p>\n<p>It\u2019s been a strange year, normally my goats start going\u00a0<em>boy-crazy<\/em>\u00a0at the end of July, but this year it took until last night for it to finally occur.\u00a0 I\u2019m not the only one to note this odd behavior in our dairy animals.<\/p>\n<p>It\u2019s similar to the start of Q4 every year in the markets.\u00a0 All of a sudden people wake up and realize the end of the year is on the horizon and it\u2019s time to get serious about what our opinions are on the state of the markets.<\/p>\n<p>After yesterday\u2019s sell-off, yte U.S. Treasury markets are now the story.\u00a0 They are dragging all other markets along for whatever ride we are going on.\u00a0 For years we have been stuck in a binary trade of\u00a0<em>risk-on\u00a0<\/em>vs.\u00a0<em>risk-off\u00a0<\/em>with stocks and foreign currencies on one side and gold and Treasuries on the other.<\/p>\n<p>As a secondary effect of this binary trade over the past eighteen months or so, gold has been tied at the hip to the euro.\u00a0 Weak euro, weak gold.\u00a0 Strong euro, strong gold.<\/p>\n<p>This week, however, we\u2019ve seen a significant move in the prices of Treasuries to the downside. And that should be a\u00a0<em>risk-off<\/em>\u00a0trade right?\u00a0 Gold should be dropping alongside the euro.\u00a0 But, it\u2019s not this week.\u00a0 The euro is dropping while gold rallied above $1200 and continues to hold above that level while Treasuries sell off immensely.<\/p>\n<p><a href=\"https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-692078 aligncenter\" src=\"https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124.png\" alt=\"\" width=\"650\" height=\"353\" srcset=\"https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124.png 676w, https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124-150x81.png 150w, https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124-300x163.png 300w, https:\/\/s3.amazonaws.com\/lrc-cdn\/assets\/2018\/10\/124-620x337.png 620w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\"\/><\/a><\/p>\n<p>And this is supposedly explained simply by tighter and tighter dollar liquidity circumstances because&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2018\/10\/thomas-luongo\/is-gold-decoupling-from-debt\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I went outside this morning to wrangle my goats to milk them, I noticed something had changed.\u00a0 All of a sudden it was October.\u00a0 It was chilly in a way that only fall in North Florida could be, slightly drier and more temperate.\u00a0 While it was a cold, wet summer for the most part, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-380034","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/380034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=380034"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/380034\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=380034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=380034"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=380034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}