UGL - The 10-Year T-Note Is Rocket Fuel For Gold

• The 10-year bond is rising in yield, which is putting some short-term pressure on the market.
• We expect, based on the economic situation and past Fed comments, they're probably not going to do anything.
• Rising interest rates may be bullish for metals.
• We're just beginning to see the damage caused by the pandemic to supply chains.
• Prepare for shortages as more money chases fewer goods, given disruptions to the supply chains.

For further details see: