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Pascal
03-18-2014, 02:14 PM
The 10Y treasuries look weak today. It seems that the Ukraine headlines are not negative enough to attract buyers who know that tomorrow is FOMC tapering decision day.

This is also a dangerous situation for gold miners, whose strong bounce today is very suspicious (headline driven?)

I believe that buying GDX puts as a protection or reducing long positions could be useful.


Pascal

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