An Interesting Development For Gold and All Other Markets

Jon Gold, Market Commentary, Precious Metals

Over the past two weeks, ZeroHedge has chronicled another dramatic rise in the TED Spread. What does this mean and what might this portend for gold? Hmmm…those are excellent questions.
The latest post from ZH on this issue was published this morning and I strongly encourage you to review it before you go any further:And what is the TED Spread? Here’s a very simple and straightforward explanation from Wikipedia:

To simplify it even further…a higher TED Spread has, in the past, often been an indicator of short-term funding stress or credit risk. Again, from Wikipedia, this:

This post was published at TF Metals Report on Thursday, August 11, 2016.