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TF Metals Report: TED spread hints at stock fall, gold rise

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Chris Powell

GATA

Published : August 12th, 2016

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	The TF Metals Report's Turd Ferguson observes tonight that the spread between U.S. Treasury bill interest rates and interest rates on eurodollar futures -- the TED spread -- is widening, traditionally a signal of growing credit risk. The indicator, Ferguson adds, also correlates with declines in the stock market and rises in gold. Ferguson's commentary is headlined "An Interesting Development for Gold and All Other Markets" and it's posted at the TF Metals Report here: http://www.tfmetalsreport.com/blog/7794/inter...ent-gold-and...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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