The stereotypical car ride story with kids always circles around the hyper peanuts in the back seat saying something like, “When are we going to get there?”

The financial world is feeling the pain of the kids in the backseat as it applies to the vote in Britain concerning a possible exit from the European Union. Thank goodness we’re almost there.

You can assign any reason (or blame, if you think that way) for gold’s falling star act today.

Yes, Janet Yellen did reinforce the conclusions communicated after the FOMC meeting last week. So identical to the FOMC statement were her opening remarks that preceded her Congressional testimony in the next few days that there is no purpose in repeating them.

It made no difference that a weakening U.S. dollar against the euro lent some serious upside movement to gold. In the end, traders were selling, selling, selling and that has dragged gold down.

Apparently no one likes good news any longer.

Housing starts in the U.S. totaled 1.16 million in May, above a consensus estimate of 1.15 million. Yet, down went the Dow, S&P and NASDAQ.

It’s hard to believe that the CMOE’s VIX volatility index rose only 1.20% today and fell dramatically yesterday by over 7.00%.

If anything characterizes todays movements in almost all markets, it is inarguably volatility.

The relatively dovish statement delivered by Fed chairwoman Janet Yellen confirmed what most of us knew beforehand. That is, that given economic conditions in the U.S. and the rest of the world, the Fed would leave rates as they were.

The euro was up over a half percent against the dollar. The Brexit-troubled British pound was up almost as much.

The headline says it all. At 3:45PM we are waiting to see if regular trading can maintain a modest little up-move – around $1.30 an ounce – in the face of a very healthy greenback. Dollar strength is dragging gold down over $7.00 at this juncture. Silver, however, can’t compensate enough to push into the green zone.

In case anyone was wondering what the big-dog currency on the block in Asia is, ask no more questions. As the yen goes, so goes all of Asia’s economic momentum.

The Japanese currency surged about 0.70% against the U.S. dollar, which has been weakening due to the general consensus that the Federal Reserve will not raise rates at this week’s policy meeting.

There’s always at least one in every crowd that cuts across the grain. Today, we have a number of equities traders across the globe who are concerned the Fed is going to surprise markets.

Yawn… and if the Fed does surprise? U.S. rates go to 0.75, scarcely a game changer. Never mind, though, because it won’t be happening.

Gold showed its potency as an investment of independent value today. Regular trading took more than $11.00 higher. Unfortunately for bulls, a stronger dollar knock gold down around $7.00. The yellow precious metal is looking at a $7.00 up-move on the day, or about 0.50%.

Percentage-wise, silver did even better, rising 1.30% on the session.