A feature in the marketplace late this week is rising government bond yields (falling prices). Some U.S. maturities are at multi-month or multi-year high yields. Rising bond yields suggest rising inflation. Historically, gold and silver have been purchased as hedges against rising inflation. Other raw commodity markets would also benefit from rising inflationary price pressures. Continued rising world government bond yields would also be a bearish element for the world stock markets. Stay tuned!