REVISITING OUR OLD YELLOW FRIEND

Determining how gold performs in different yield curve environments

There is no topic that garners as much frustration from my readers as gold. If you have emailed asking why gold isn’t going up, trust me, you are not alone.

Yet, it might surprise you to discover gold is up over 10% over the past year. Although, I guess what’s driving everyone mad is the fact that over the past six months, gold is down almost 12%. It’…