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TF Metals Report: More on the gold-yen link

Section: Daily Dispatches

11:40a ET Friday, November 14, 2014

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today speculates on a seeming correlation between the price of gold and the Japanese yen, a correlation that became almost exact starting in June this year, with both the yen and gold declining sharply. But Ferguson thinks a limit to the correlation may be approaching because the physical gold market will break from the paper gold market if the paper price keeps falling. Ferguson's commentary is headlined "Even More on the Gold-Yen Link" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/6346/even-more-gold-yen-link

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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