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After a summer hiatus, the yellow metal is trending up again, with the GLD ETF up more than 9% over the past three months as it became increasingly clear that the Fed is rolling up its sleeves and getting to work.
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Blue, white, red, and yellow poppies, all rarely seen and only during the summer, May to July.
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The strong yellow seems to replicate the bright Neapolitan color seen around the city during the summer season.
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On the high point of the first, Edburton Hill, are the earthworks of a motte-and-bailey castle, which in spring and early summer are a knee-high wildflower meadow: agrimony, wild mignonette, red clover, yellow rattle, marjoram, scabious, knapweed and the odd tall bolt of fireweed, through all of which wander string-like stems of bindweed.
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All of this is supportive for gold prices, and it may prompt people to buy the yellow metal as an inflation hedge as worries that the current high oil prices will last into the summer, said Bart Melek, vice president and director, head of commodity strategy, rates and foreign exchange research and TD Securities.
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