For years there was a tight correlation between US interest rates and gold, as when the yield went higher, gold would trade lower and vice versa. But in the past 2 years we’ve seen a breakdown in that relationship.
Why?
That’s what Vince explains in today’s show, where he looks at the past correlation, and also the new pattern that’s emerged.
Vince also talks about the other developments that have to be on the Fed’s mind as they get ready for their latest policy statement today. And to find out more, click to watch the video now!
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