Stocks Went Up All Week, Yet Gold Was Ahead.

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In case you missed it, stocks are on track to end a killer week.They’ve gone up five days in a row should today’s rally hold.

The S&P, Nasdaq, and Dow are up nearly 4.2%, 4% and 3.6% for the week.

Still, gold had a great week so far as well, despite today, up about 4.5%.

Interestingly, stocks today are up about 0.4% despite a strengthening of the dollar.

Friday’s big move nevertheless is happening in treasuries, no doubt due Mr. Bernanke’s hint of future rate tightening. The 10-year yield has made a stunning reversal over the last few years to 3.35% after breaking as low as 3.18%.

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