
MacroVoices #323 David Rosenberg: The Fed Put Has Expired
Macro Voices
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The New Commodity Super Cycle Is Just Beginning
The Fed is not easing policy any time soon. But all they have to do at this state tegenerate a rally in treasuries based on what's price ten. The treasury yield market will adjust. And by the way, because of the inverse relationship between yields and gold, gold will do extremely well in that environment. Be patient. This is only a few months away. If this call is prescent it's going to be coming this summer. I'm not an advocate of new paradimes for new eras. Those are fairy tales.
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