As central banks around the world begin to consider how to extricate themselves from years of unconventional monetary policy, a delicate surgery indeed, there is a link to the value of gold that Myrmikan Capital founder David Oliver thinks might be best understood at this moment in history.

Myrmikan Capital: The value of gold remains the same, it is all assets around it that change
Don’t be fooled by watching the rising and falling price of gold, Oliver writes in a May 19 research report. It is not the price of gold that changes, it is the value of all other currencies...

