2min chapter

Market Depth cover image

What This Wild Month In Markets Has Exposed

Market Depth

CHAPTER

The March Markets: Rates and Bond Yields

Gold went from 1800 to breaking above 2000 for 10% rally in the time span of about a week and a half or so. I've pointed this out countless times of four gold traders watch yen futures. Why do they move together in tandem? Look, this is a question that I've been asking myself for years watching this very tight correlation. The US dollar is a safe haven from everything and the safe haven from the dollar is gold and yen. That's it. And so perhaps there are systematic flows programmed off each other and correlating them Or CTA momentum strategies that are just simply moving coincidentally.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode