649bruno

Falling US 10 Year T-Note Yield Vs Silver (SLV)

Long
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
4
Inverse relationship installment number 5.
I thought I would show you an INVERSE relationship between silver-and-falling rates.
It is not nearly as strong as-gold.
In quality engineering we would call this a problem with the "signal to noise ratio".
The signal would be the falling 10 year yield, but the noise is that silver-doesn't rally as well as-gold.
In April rates FELL but silver-also went lower. Just before May 1st yields rose and silver-rose.
Not exactly an INVERSE relationship - so I wouldn't use one to help predict the other.
Since mid-May silver-has demonstrated an INVERSE relationship with falling yields - but, as I said, not as strong as-gold.

Good luck to you in your trades. Don.

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