By Ross Norman of Sharps Pixley | Wednesday 3 July 2019
Love it or hate it … you just cannot ignore gold … it is after all a “bellwether”. Originally a bellwether was a bell tied around the neck of a castrated ram (a wether) who would lead the other sheep and give the shepherd a ready reckoner on the movements of the flock. In financial markets it just refers to a leading indicator.
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