That article is out of date as 10 yr bond yields are now about 3% It still doesn't explain why tapering is bad for GOLD at all. All it says is non producing assets will fall if Bond yields rise with little explanation. The only reason that would happen is because interest rates would rise killing anybody with a margin loan. I might add that during the highest interest rates in Australia's history GOLD double in that decade because it preserves your wealth unlike fiat currencies which erode your wealth. GOLD is a preservation of wealth not really a thing you buy to make big bucks off. If tapering occurs the Equity markets and TBonds will get smacked hard and unless there is some intervention GOLD will probably hold its own or go higher. The intervention is the key to this whole market.
