We forced a “camouflage” trade in March Gold during this session, and you should pay close attention to the reasons why, since the opportunity looked mediocre at best. The trade went on to achieve its ‘D’ target, hinting that the nasty correction under way in bullion this week may have run its course. We also took a close look at T-Bond futures, which have been falling hard enough to threaten Bernanke’s entire edifice. There were growing reasons for us to infer that U.S. Bonds have entered a long-term bear market, and we discussed them in detail.
