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
