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Value of gold remains the same, it is all assets Around it that change

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Mark Melin
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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.

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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...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.