The Inverse ETF – TBT – 20 -30-year Treasury and the GDX VanEck Gold Miners are currently trading as mirror images of each other. This is not always the case and will not always be the case in the future. Both are responding to rising and falling interest rates. I will leave you to figure out how you are going to trade this relationship, but Gold Miners are rising in price, and long-term interest rates are falling – represented by the falling Inverse ETF, TBT.
LOTM Research & Consulting Service
Where Value meets Buy Signals!
Feel free to forward or recommend to others.
* An account related to LOTM holds a position in this security.
Neither LOTM nor Tom Linzmeier is a Registered Investment Advisor.
Please refer to our web site for full disclosure at www.LivingOffTheMarket.com ZTA Capital Group, Inc.
To Unsubscribe please select “return” and type Unsubscribe in the subject line.
