Three Steps Forward, Two Steps Back

 
“The thing I found most interesting is how all of a sudden, on the financial networks, the narrative has changed. And the narrative, in the words of the data folks, always follows performance. And the narrative now is: ‘Oh! Yields are going up. Stocks are going up. We must have some kind of economic recovery going on!’ … And all of a sudden the need to have gold is diminished. I would suggest that the reason we’ve had this turn… is because the People’s Bank of China instructed their banks to lend 30% more to small businesses this month.”

- Source, Silver Doctors