U.S. Dollar and Gold: Is This Time Different?

In other words, gold has become cheap (and undeservingly so) – which might be painful for those currently holding gold but offers an excellent opportunity for those who want to build up their gold positions. In any case, it appears that we are right in the middle of a situation in which market prices do not reflect ‘true values’: The stock market seems to be expensive, and gold is too cheap. And history taught us that over- and undervaluations will be corrected over time.

U.S. Dollar and Gold: Is This Time Different?