NEW YORK ( TheStreet) -- If Janet Yellen is the next chairwoman of the Federal Reserve, what does it mean for gold prices?Nothing, according to ETF Securities' Mike McGlone. He told TheStreet's Joe Deaux that the market largely expected Yellen to be named the next head of the Fed and that we should simply move on to other issues now.
[video] Quick Take: Precious Metals Golden on Yellen
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.