The New Fear Gages

Two things to keep an eye on this week is the price of Gold and the 10-year Treasury yield.  Both are or have turned into fear indicators.  People continue to pile into the US safe haven driving prices up and yields down.  Gold on the other hand while it sometimes trades as an asset class can also trade as the currency of last resort. If gold begins to spike as it did at the end of last week this could be another signaling that the markets are heading lower.