Crunch Time?
By GCRU Gold News on Monday, February 8 2016, 00:29 - Permalink
History shows that gold prices rise during periods of price deflation when its driver is systemic balance sheet de-leveraging.
If/when confidence in the mightiest fiat currency wanes, we would expect the US dollar to be devalued too - not against other fiat currencies, but against a relatively scarce Fed asset.