This approach is consistent with the Committee’s Policy Normalization Principles and Plans, available on the Board’s website at www.federalreserve.gov/newsevents/press/monetary/20140917c.htm. 2 This is the rationale in Lael Brainard (2015), “Normalizing Monetary Policy When the Neutral Interest Rate is  Low,” speech delivered at the Stanford Institute for Economic Policy Research, Stanford, Calif., December 1.
How can we transform the gold market into a financial market from its present stage as a commodity market? The current situation presents individual investment in gold as a realistic answer to this question.