In the past, gold backed currencies helped maintain stability. However, in today’s fiat currency world, central banks are taking the easier way out. Instead of finding real cures to economic blues, they have been printing more money. At the moment, all of this money printing seems to be blowing up in he faces of the central banks.

Currently Asia’s economy isn’t doing well. Combine that with economic fears in Europe, the UK, and even the United States, and we see a broken system that needs to be fixed. As the system continues to show its weaknesses, we’ll continue to see economic struggles around the world. Of course, this will weigh heavy on the market. So, we’ll see safe haven demand from investors and consumers alike as everyone looks to gold as a way to protect the value of their hard earned currencies. This demand increase will lead to higher gold prices.