Here is the Big Picture as Gold Surges $38 and Silver Spikes Nearly a Dollar

from King World News

Here is the big picture as gold surges $38 and silver spikes nearly a dollar.

March 9 (King World News) – Peter Boockvar: With Treasuries very oversold for now a week plus according to RSI which I mentioned a week ago, we have a big few days in terms of potential catalysts. Janet Yellen and Co. has a lot of bonds to sell with 3’s, 10’s and 30’s to be auctioned over the next three days. We know what happened with the 7 year a few weeks ago. I’m going to assume that higher yields will bring out some buyers, but we’ll of course see. We also see CPI tomorrow and PPI on Friday for February right before the easy comps kick in…

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