Expect more pressure on gold; yield surge is not done says Lobo Tiggre

from Kitco NEWS Interviews · host Lobo Tiggre, David Lin

The 10-year yield rose to 14-month highs on Thursday at 1.75%, erasing the gains in gold price yesterday following the Federal Reserve's statements. Lobo Tiggre of The Independent Speculator, said that without yield curve control, the 10-year Treasury note could rise to as high as 2%, which would cause the markets to "break". Short-term, gold has more downside, he said.

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This episode was published on March 18, 2021.

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