Selling Spurt Takes 10 Year Treasury Yield To Fresh Two Year High

Recall my tweet on June 3 on 10-year treasury yields spiking, inferring the Fed was losing control of the long end of the yield curve.  I was right, and the TBT long trade has been profitable.

http://www.zerohedge.com/news/2013-08-16/selling-spurt-take-10-year-treasury-yield-fresh-two-year-high

JPM Vault Gold Drops By 28.4% Overnight, Slides To Fresh Record Low As Withdrawals Accelerate

Get 'em while you can.  This is no joke.  The vaults in New York are running low.

http://www.zerohedge.com/news/2013-06-11/jpm-vault-gold-drops-284-overnight-slides-fresh-record-low-withdrawals-accelerate

Whoever is "running the JPM vault" shows no sign of relenting. At this pace, the world's biggest gold vault located below 1 CMP, and just next to the Fed's own gold vault, will be empty in about 1.5-2 months.