With news coming out that various Federal Reserve members have publicly taken conflicting views of quantitative easing, gold prices may have found a new threat. The SPDR Gold Trust (NYSEMKT:GLD) is coming off a month of huge redemptions, and miners like Goldcorp (NYSE:GG) and Barrick Gold (NYSE:ABX) are facing declining earnings and analyst downgrades. When an unclear message from the Fed is added to the mix, investors are facing even higher volatility.
In the video below, Fool.com contributor Doug Ehrman discusses the dissenting views coming out of Chicago and Philadelphia and how those views may impact the gold market.
Motley Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.