Psychedelic rock is such a huge umbrella term now. It covers anything from Of Montreal to MGMT. And I guess I'm okay with that, but there was a time where 'psychedelic rock' wasn't thrown around loosely. I'm about to contradict about myself, but I will say that modern 'psychedelic' music is probably more congruent with actual psychedelic experiences. Regardless, the word psychedelic as it pertains to music was set in precedent in the 1960s by American bands like The Velvet Underground and 13th Floor Elevators and British bands like Pink Floyd, Traffic, Soft Machine, and Cream.
Golden Silvers are true psychedelic rock from where I see it. These young Londoners released this debut last year to little to no hype. The trio has been kicking around singles since 2007 and released "True Romance" on XL Recordings. Synthesizers and dramatic vocals, and anything under the sun used to characterize 'psychedelia' are on this record. I have a sneaking suspicion they'll make waves with a future release as they improve upon their already tight sound.