The battle between deflation and hyperinflation continues. The big reversal in the 10 year yield along with gold closing back above the 200 DMA would have to be a check mark in the hyperinflation column.
Central banks around the world have now turned the printing presses on full blast. I expect the world to run out of trees within the month. Will it be enough to halt the deflation monster? That's the million ...trillions of dollars question isn't it?