from King World News
Today Peter Boockvar sent King World News a fantastic piece discussing gold’s surge, silver’s breakout and central planners eventually getting overwhelmed by market forces.
Peter Boockvar: “Most noteworthy in Europe today is the uptick in interest rates coincident with the rise in US rates and on the heels of the highest closing level yesterday in the CRB index since December 4th and persistent rally in stocks. The German 10 year yield is higher by almost 7 basis points to .22%, the biggest one day basis pt move in six weeks and to a one month high. Yields in Asia also moved higher overnight.