from King World News
With the price of gold trading near $1,900 and silver at $28, it appears all roads now lead to gold.
Golden-Speak
June 9 (King World News) – Matthew Piepenburg at Matterhorn Asset Management (based in Switzerland): Translating Yellen-Speak into Golden-Speak – Given the increasingly politicized interplay (cancer) of central bank policy and so-called free market price discovery, it’s becoming increasingly more important to track the moves of central bankers rather than just traditional market signals alone.
Like it or not, the Fed is the market.