Bill Beameant - Gold and Trump, page-48

@Hyperion Silver
@Ophir
@DaLatta
@Slim Wanderer

Usually when a new RBA Governor there is a world wide crisis of some sorts afterwards....wait and see.
The US ten year bond rates have been skyrocketing upwards meaning the US 10 year bond value has decreased but interest rate increased....The ten year bond rates are used to determine the mortgages/borrowing rates..... increased risk with bonds makes sense Trump policies lowering tax rates and increase fiscal spending increases the risk of a US default which is a country already in a lot of debt....remember the close down years ago. Also coupled with the US reserve to increase rates due to anticipation of Trump polices which possibly increase inflation this will exacerbate the situation.

http://www.nationaldebtclocks.org/debtclock/unitedstates

http://www.usdebtclock.org/

Even before the election win this week, market bias was already tilted decidedly toward higher rates as the Federal Reserve prepped markets for a quarter-point December tweak to their short-term interest-rate policy. Treasury bond yields rose to their highest since January. And over the past four days, the 10-year Treasury yield’s rise is the largest in over two years. That leaves this benchmark 10-year TMUBMUSD10Y, +0.24% used to determine mortgage lending and more, at above 2.11%. Yields rise as prices fall.
http://www.marketwatch.com/story/wi...pectations-for-rates-to-rise-bigly-2016-11-11


While the Dow Jones has been going up since Trump won the presidency tech shares have been sold off massively....I believe that a lot of US investors have borrowed a LOT of money to purchase tech shares listed and UNLISTED. Check the article links on the valuations of some of these unlisted shares. Increase mortgages rates due to bond rates increasing as investors have borrowed the money for these shares due to the low rates created by the US Reserve may have some investors jittering and the reason for the sell off. Though if you have you borrowed money and purchased unlisted shares as the SMH article suggests it is actually a lot harder to pull your money out…..and with increasing costs of holding shares due to the increase 10 year bond rates increasing then there may be a correction or CRASH on the way. Dot Com 2.0 on its way.

http://www.bloomberg.com/news/artic...n-hits-fourth-day-as-amazon-cut-by-35-billion

http://www.smh.com.au/business/mark...-just-havent-noticed-yet-20160811-gqqslj.html

Snapchat Parent Begins the IPO Process
Snap Inc. has confidentially filed paperwork for an initial public offering that may value the popular messaging platform at as much as $25 billion, a major step toward what would be one of the highest-profile stock debuts in recent years. (LOOKS MAJORLY OVERVALUED AT $25 BILLON LOL)

http://www.wsj.com/articles/snap-begins-the-ipo-process-1479244471
Wall St inches higher as tech stocks tank

As bonds sold off, so did dividend-paying stocks like utilities and telecommunications companies, which investors bought this year for steady income amid ultralow interest rates.

Technology stocks, another recent winner, also slumped. Tech shares in the S&P 500 rose 12 per cent in the third quarter but have fallen more than 3 per cent since Sept. 30, with much of that decline coming since the election.

“Tech has really been running the market, now other areas are getting their day in the sun,” said Diane Jaffee, senior portfolio manager at TCW Group

http://www.theaustralian.com.au/bus...k/news-story/056c39ab79db1632064fc9058d6750f8