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One Reason For Gold’s Decline Despite Money Printing: The Long Nikkei/Short Gold Waltz?
TND Guest Contributor: Craig Hemke |
Longtime Turdites will recall that Paul Mylchreest is an excellent metals analyst. His latest report explores in great detail the ongoing link between the price of gold and the value of the Japanese yen which, as you know, is a theme we’ve already been following here for months.
This is a lengthy and detailed summary and it is chock full of terrific information about the gold–yen link, the global gold “market” and GOFO/backwardation. Please take the time to scroll through it and thank you to Paul for sharing it!
TF
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Craig Hemke (aka Turd Ferguson) is a former stockbroker, mutual fund wholesaler and commodities options trader with over 25 years of experience. He jumped off the corporate ladder in 2008 and now is the proprietor of the popular website TFMetalsReport.com as well as the author of a subscription service hosted at the same website. Click here to learn more about his exclusive reports.
Source: http://thenewsdoctors.com/one-reason-for-golds-decline-despite-money-printing-the-long-nikkeishort-gold-waltz/
